Lotus Herbals Acquires 25 pc Stake in New Age D2C Brand Conscious Chemist

Technosport, the Tiruppur-based sportswear brand, is poised for significant growth in South India, with plans to launch 15-16 new stores across Karnataka, Tamil Nadu, Andhra Pradesh, and Telangana during the current financial year. This ambitious expansion strategy reflects the brand’s commitment to enhancing its footprint and making its high-quality sportswear and athleisure products more accessible to customers in these regions.

The new stores will be opened in a variety of formats, including flagship locations, high-street, and mall stores, as well as shop-in-shop outlets. This diversified approach aims to cater to different consumer preferences and shopping environments, ensuring that Technosport's offerings reach a broader audience. By targeting key locations across South India, the brand is positioning itself to capitalize on the growing demand for performance wear and athleisure in these states.

Technosport inaugurated its first offline store in Coimbatore on Thursday. Located in R.S. Puram, the store spans over 1,000 sq. ft. and showcases the brand’s full range of performance and athleisure wear.

“We are elated to launch our first flagship store in Coimbatore, which has always been a key city for TechnoSport’s growth. This store will be the cornerstone of our wider business expansion plan,” said Sunil Jhunjhunwala, co-founder of TechnoSport.

To attract customers and encourage foot traffic, the brand will host a series of small events at the newly launched store.

“Apart from the business perspective, we aim to showcase a larger-than-life experience of our products to consumers. Using this we will strengthen our omni-channel presence by amalgamating online with offline medium effectively,” said Puspen Maity, chief executive officer of TechnoSport.

Looking ahead, the company plans to enter the markets in West and North India by FY26.

Founded in 2015, Technosport offers a wide range of products, including t-shirts, track pants, jackets, vests, sweatshirts, and innerwear, typically priced between Rs 200 and Rs 700. The brand is currently present in over 15 states and maintains more than 5,000 retailer touchpoints.

In May this year, the apparel retailer secured Rs 175 crore in funding from A91 Partners.

Swiss Beauty, a prominent name in the Indian cosmetics industry, has announced the appointment of Vidushi Goyal as its new Chief Marketing Officer (CMO). In her role, Vidushi will oversee the marketing strategy for all Swiss Beauty brands, including Swiss Beauty Craze and Swiss Beauty Select, as well as its emerging categories and sub-brands.

Vidushi Goyal brings extensive experience in digital-first marketing and brand building to Swiss Beauty. Her appointment marks a strategic move as the brand seeks to enhance its presence and differentiation in the dynamic beauty and personal care segment. Vidushi’s focus will be on leveraging cutting-edge marketing strategies and staying ahead of industry trends to drive the brand’s growth.

Prior to joining Swiss Beauty, Vidushi served as Vice President of Marketing at Mamaearth (Honasa), where she was instrumental in scaling the brand from a 100 crore ARR to over 1000 crore in just three years. Her efforts contributed significantly to Mamaearth’s rebranding as a purpose-driven entity with the tagline “Goodness Inside” starting in 2019. Vidushi has also held key positions at ShopClues, d.light Energy, and FCB+Ulka, where she led several award-winning brand campaigns.

Vidushi Goyal, CMO, Swiss Beauty said, "I am thrilled to join Swiss Beauty at such an exciting time. My focus will be on building on what has worked for the brand while evolving and differentiating in this cluttered market space. We will keep the consumer and market segment at the core of everything we do. By leveraging new-age marketing principles, we will continue to build a brand that is loved and a business that is built on strong principles."

Mohit Goyal Co-Founder & Director, Swiss Beauty also commented on the appointment, “We are delighted to welcome Vidushi Goyal to the Swiss Beauty family. With her proven track record of data-driven decision-making and innovative approach, we are confident she will take our brand to new heights. Her leadership will be instrumental in redefining beauty standards and connecting more deeply with our consumers."

Vidushi holds an MBA from the Symbiosis Institute of Media & Communication, Pune, and completed her undergraduate studies at Hindu College, Delhi University.

India’s fastest-growing platform for beauty, wellness, and health, kindlife.in, has successfully raised $8 million in its Series A funding round. The round was led by JB-Dooeun TK Fund and MIXI Global Investments, with participation from Kalaari Capital and prominent angel investors. This investment will help kindlife solidify its position as the premier destination for Gen Z beauty enthusiasts and transform the beauty landscape in India. The company previously secured $2.5 million in seed funding from Kalaari Capital, Titan Capital, Java Capital, and others.

Founded by Radhika Ghai, Vidit Jain, and Manasa Garemella, kindlife curates better-for-you brands that align with young India's holistic approach to self-care. The platform leverages proprietary AI technology to help Gen Z consumers discover personalized skincare and wellness routines and products. It also offers exclusive access to trending global beauty brands, including those from Korea and Japan.

"We are very excited to partner with Korean private equity firms JB Investment and Dooeun & Company, as well as the Japanese investor MIX. "At kindlife, we understand that Gen Z prioritizes quality and authenticity, and we're committed to making high-quality global beauty brands accessible to them, with a particular focus on premium Korean and Japanese beauty. Our strong AI technology is at the core of how we solve discovery and personalization." South Korea-based private equity firms JB Investment and Dooeun & Company have partnered to form the JB- Dooeun TK Fund, which will lead the Series A round in kindlife. TKN Advisors will serve as the exclusive India advisor for the fund,” said Radhika Ghai.

South Korean private equity firms JB Investment and Dooeun & Company have joined forces to form the JB-Dooeun TK Fund, leading the Series A round for kindlife. TKN Advisors will serve as the exclusive India advisor for the fund. This capital will help kindlife build strong connections between Korea, Japan, and India, supported by a robust distribution network for the seamless delivery of premium Korean beauty brands. Their community includes thousands of beauty creators who share recommendations and educate consumers on the latest K-beauty trends.

Tak Lee, Managing Director, TKN Advisors said, "We're always seeking innovative companies with the potential to disrupt industries. kindlife stood out with its focus on Korean Beauty, a hot trend in India, and its AI technology for personalized beauty solutions. The exceptional team at kindlife, with their deep understanding of the GenZ market and commitment to building a best-in-class experience, convinced us to invest in them. We're excited to actively collaborate with them to revolutionize the beauty industry and bring more Korean beauty, culture, and lifestyle trends to India.”

Tomoharu Urabe, principal partner at MIXI Global Investments said, “kindlife is creating a highly user-friendly e-commerce platform featuring AIenabled discoverability and the built-in influencer community. The early metrics back up that the concept is working great. We're thrilled to join the investment round and provide support to further expand its business.”

Capitalizing on the surging popularity of K-beauty, driven by the Hallyu wave, kindlife is uniquely positioned to tap into India’s rapidly growing K-beauty market. This year, kindlife plans to exclusively launch over 20 Korean and Japanese beauty brands on their platform.

Digital healthcare startup Karma Primary Healthcare has successfully secured funding from UBS Optimus Foundation as part of its Series A funding round, bringing the total Series A funding to Rs.11 crore (approximately $1.3 million). The round also saw participation from 1Crowd and other investors.

The newly acquired capital will be strategically deployed to enhance Karma’s technological capabilities, extend value-added services, and expand the team as it builds out a patient-centric care model for rural patients in India. Karma aims to reach 100 locations, serving over 150,000 patients annually by 2027.

Dhun Davar, Head of Social Finance, UBS Optimus Foundation and Head of Social Impact & Philanthropy, India and Middle East, UBS said, ”UBS Optimus Foundation aims to scale quality primary healthcare for vulnerable communities around the world and make it more accessible. Our partner Karma Primary Healthcare has assisted hundreds of thousands of patients in rural India since our partnership began and our continued funding will help them expand their network of medical facilities and further strengthen their digital platform.”

The funding will enable Karma to transition from a transaction-based care model to a value-based care model, including the development of value-added services and referral networks. It will also support the enhancement of predictive analytics capabilities, allowing for improved patient data management and personalized healthcare solutions.

“We are delighted by the profound impact Karma has created by revolutionizing the primary healthcare space in India. Their unwavering commitment to bridging the healthcare gap by providing medical care solutions including phygital consultations, advanced diagnostics, quality medicines, and health education in underserved geographies has truly been inspiring. Having supported Karma since their early days, we're proud of the progress Jagdeep and his team are making in setting new standards in healthcare delivery. We remain committed to Karma’s transformative journey towards providing a continuum of care to people across the country,“ said Natasha Kothari, Co-Founder, 1Crowd.

Jagdeep Gambhir, CEO & Founder, Karma Primary Healthcare stated, “UBS Optimus Foundation’s support aligns perfectly with our mission to revolutionize quality healthcare access for low-middle-income communities in rural India. This long-term commitment from UBS-OF supports our vision for sustainable growth.”

Founded in 2014, Karma Primary Healthcare enables access to quality primary healthcare across eight states in India through its assisted telemedicine model. The company has witnessed a threefold increase in its patient base over the last three years, impacting more than 350,000 lives with validated positive health outcomes, with 55 percent of them being women. Karma has achieved this growth through a robust technology platform that addresses both awareness gaps and service delivery gaps, enabling it to accumulate a comprehensive dataset of patients in rural India.

The Open Network for Digital Commerce (ONDC) has achieved a significant milestone as it has recorded 12 million monthly orders across various categories, with daily orders reaching 430,000 in July 2024. The network currently has over 638,000 sellers and service providers, operating in more than 609 cities and delivering to 1,200 cities nationwide.

Category-wise, the mobility sector, such as ride-hailing applications, accounted for 4.4 million transactions. The remaining 7.6 million orders were from non-mobility sectors. Within this non-mobility segment, the food and beverages category saw 1.7 million transactions, while groceries accounted for 1.4 million transactions. The fashion segment contributed 0.6 million transactions, with the remaining 4 million orders spread across on-network logistics, beauty and personal care, home and kitchen, and retail vouchers.

Speaking of the food & beverages sector, the network has captured 18 percent market share in Bengaluru and 3 percent nationally, indicating strong adoption in key markets. Additionally, July saw the launch of the auto components and accessories category on the network, featuring sellers such as Ess Aay Automotive.

Established on December 31, 2021, the Open Network for Digital Commerce (ONDC) is a Section 8 company initiated by the Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce and Industry, Government of India. ONDC aims to revolutionize digital commerce by creating a facilitative model that enhances the penetration of retail e-commerce in India. ONDC is not an application, platform, intermediary, or software but a set of specifications designed to foster open, unbundled, and interoperable open networks.

Vivo, a prominent Chinese smart devices company, is set to enhance its focus on increasing local value addition in the smartphones it manufactures in India. In a significant milestone, Vivo disclosed that it has manufactured 150 million smartphones in India over the past nine years. During this period, the company has invested an impressive Rs 3,500 crore to bolster its manufacturing capabilities and infrastructure within the country.

“We remain steadfastly committed to the Indian market and aligned with the Government of India’s ‘Make in India’ initiative and the vision of ‘Atmanirbhar Bharat’ increasing localization of key components will be a key focus in the future, reinforcing our role in India’s manufacturing growth story,” said Geetaj Channana, head of the corporate strategy. Vivo India.

Speaking at the company’s second edition of Vivo Tech Day 2024, Channana elaborated on the company’s contributions to the Indian mobile ecosystem. He highlighted how Vivo has significantly added value by not only manufacturing smartphones locally but also by integrating global technological advancements and supporting community development initiatives. According to Channana, these efforts reflect Vivo’s broader strategy to intertwine its growth with the advancement of India’s technology and manufacturing sectors.

Vivo's commitment to localization aligns with the broader national objectives of boosting domestic manufacturing and reducing dependency on imports. By focusing on local value addition, Vivo aims to contribute to the economic growth and technological empowerment of India. The company’s strategic investments and initiatives are poised to play a crucial role in the evolution of India’s manufacturing landscape, setting new benchmarks for quality and innovation in the smartphone industry.

Indian cricket star KL Rahul has entered into an exciting partnership with Boldfit, a leading direct-to-consumer (D2C) fitness brand in India. In this new role, Rahul will not only serve as a brand ambassador but also act as a strategic investor, endorsing Boldfit’s range of sports footwear, apparel, and fitness equipment.

Boldfit, established by Pallav Bihani, has quickly risen to prominence in the Indian fitness market with its extensive selection of high-quality activewear, accessories, and fitness products. Known for its commitment to innovation and excellence, the brand caters to over 1 crore customers each year.

KL Rahul, celebrated for his cricketing achievements and dedication to fitness, is seen as a perfect match for Boldfit’s mission of performance and innovation. His investment in the brand highlights his belief in Boldfit’s vision and its potential to inspire fitness enthusiasts nationwide.

“Being a part of Boldfit feels like coming home. As a Bengaluru boy, I'm proud to join forces with a brand that shares my love for fitness and my hometown. I look forward to contributing to Boldfit's journey and inspiring others to lead healthier lives,” said Rahul.

Pallav Bihani, Founder, Boldfit stated, “Having KL Rahul on board is a huge moment for us. His dedication and drive perfectly match our brand’s values. Together, we aim to start a fitness revolution across the nation.”

The partnership comes as Boldfit sets its sights on surpassing Rs. 500 crores in revenue by FY26. By leveraging Rahul’s extensive influence and fan following, Boldfit plans to enhance its market presence and drive substantial growth. The brand is expected to expand its product offerings and improve customer engagement through innovative campaigns and community-building efforts.

Boldfit’s established connections with top IPL teams, including Royal Challengers Bengaluru (RCB), Chennai Super Kings (CSK), and Mumbai Indians (MI), further strengthen its position in the sports and fitness industry. With KL Rahul’s involvement, Boldfit is poised to redefine fitness standards and promote a healthier lifestyle across India.

HYPHEN, co-founded by PEP Brands (mCaffeine’s parent company) and celebrity entrepreneur Kriti Sanon, has completed a year of excellence, innovation, and delivering effective skincare products for its customers. Infusing the power of nature with the potency of science, HYPHEN has achieved the extraordinary feat of becoming the fastest-growing 100 crore D2C brand in India within its inception year.

Kriti Sanon, Co-founder and Chief Customer Officer envisioned creating a solution to bridge the gap in the market for comprehensive skincare products that address diverse and evolving needs. Simultaneously, PEP Brands was seeking to start another venture in the skincare industry. This alignment of vision and goals led to the inception of HYPHEN. After a year of operations, conceptualization, and marketing, HYPHEN was co-founded by two visionary forces. The remarkable team deserves acknowledgment for enabling the brand to successfully cater to over 1 million customers across 19,000 pin codes, achieving outstanding sales results within a year.

HYPHEN stands out in the pool of celebrity-owned brands due to the unwavering commitment of its Co-founder and Chief Customer Officer, Kriti Sanon, and the rich experience of PEP Brands in the D2C arena. Since the brand's conceptualization, Kriti has diligently looked into various aspects of product manufacturing, including testing the products and designing the packaging. Her passion, along with the excellent team at PEP Brands, has helped the brand scale new heights. The company’s heavy investment at the beginning of the brand’s journey, along with a seasoned crew of co-founders—Tarun Sharma, Saurabh Singhal, Mohit Jain, Vikas Lachhwani, and Vaishali Gupta—has ensured smooth functioning.

Kriti Sanon, Co-Founder and Chief Customer Officer, HYPHEN shared, “Time flies, and how! My baby HYPHEN turns one year old, and I could not be more proud of the brand that it has become. This one-year journey has been very close to my heart as we nurtured our brand for it to grow leaps and bounds! I have given special attention to the feedback from customers and incorporated genuine customer feedback to curate a sustainable line of skincare products, living up to our mantra of ‘Why not have it all?’ I am immensely grateful to the customers for time and again putting faith in our brand, and we hope to keep hyphenating love more and more while growing our family bigger with each passing year.”

Tarun Sharma, Co-Founder & CEO, HYPHEN said, “HYPHEN has come a long way since its inception one year ago. HYPHEN as a model has been successful because of how aligned our 5Cs are, keeping customers at the focus of everything from R&D, testing to creating the final product to marketing. I am thankful to the PEP Brands and HYPHEN team for tirelessly working to deliver on our promises, creating an inclusive brand for our customers.”

As part of its birthday launch, HYPHEN has introduced a new line of lip balms from the best-selling Vitamin-infused Peptide (VIP) range. The new line consists of three tints: Vintage Plumish Brown, Peachy Nude, and Natural Pink. These lip balms provide a lush glaze with 24-hour moisturization and contain Peptides, 1 percent Vitamin E, 2 percent Squalane, and Linoleic Acid to keep lips free from dryness. To celebrate its first birthday, the brand is offering an irresistible Buy 1 Get 1 Free deal.

Throughout its first year, HYPHEN has consistently maintained its ethos of keeping products 100 percent vegan and cruelty-free, receiving certification from PETA. Striving for quality, the brand continues to keep its products free from harmful ingredients, committing to creating a nourishing and sustainable line of skincare products.

HYPHEN has successfully penetrated the market with impressive products like Dewy Prep, one of the many viral products from its Peptide Range, which sold all units signed by Kriti Sanon within three hours of launch. Another sensational product, All I Need Lipscreen, sold 2 lakh units in just six months. All products are available on HYPHEN’s official website and leading e-commerce and quick commerce platforms, including Flipkart, Amazon, BlinkIt, and Nykaa.

Flyrobe, a leading fashion rental platform, proudly announces its strategic partnership with Sri Sringarr, one of Mumbai's oldest and most esteemed rental stores. This alliance aims to elevate Sri Sringarr's offerings by integrating luxury items and advanced technology, significantly enhancing the overall customer experience.

AanchalSaini, CEO, Flyrobe said, "We are excited to partner with Sri Sringarr under the Flyrobe Alliance Model. This initiative addresses the deadstock issues faced by mom-and-pop fashion rental stores, providing a structured framework and standard SOPs, along with advanced management tools. Additionally, introducing luxury products without upfront costs transforms COGS for premium inventory into a variable expense, benefiting both the stores and our customers.

BhagwetiPoddar, owner of theFlyrobe | Sri SringarrAlliance store expressed, "This partnership with Flyrobe marks a significant milestone for Sri Sringarr. We are committed to delivering an exceptional rental fashion experience, and with Flyrobe's support, we will offer our customers an exciting blend of luxury and elegance at affordable prices."

The partnership will transform Sri Sringarr into a Flyrobe Alliance Store, leveraging Flyrobe's brand name, luxury inventory, and operational expertise. Key enhancements include rebranding, the introduction of luxury inventory, automated billing and barcode systems, robust marketing support, data-driven decision-making, and optimized processes for a seamless customer experience. These changes will modernize Sri Sringarr into a systematic and profitable rental fashion business.

The Alliance Store promises an unparalleled rental fashion experience, offering exclusive fashion with luxury pieces from Flyrobe and elegant styles from Sri Sringarr. Rentals will range from affordable to luxury, with meticulous cleaning and sanitation for enhanced hygiene. The store will provide a seamless rental experience from booking to return, featuring special launch offers and personalized styling advice. Conveniently located in Mumbai, it will be a one-stop destination for all fashion needs.

Virgio, a leader in sustainable fashion, has announced its partnership with Mira Kapoor, a well-known advocate for conscious living. This collaboration aims to elevate the importance of sustainability in the fashion industry and inspire consumers to make eco-friendly choices without compromising on style.

“I'm excited to partner with Virgio, a brand making waves in the fashion industry. Virgio's blend of urban style and ethical production is exactly what we need today. Their commitment to sustainable design and responsible practices aligns perfectly with my values. Together, we can inspire more people to embrace a mindful lifestyle,” said Mira Kapoor.

Mira Kapoor's commitment to a conscious lifestyle perfectly aligns with Virgio’s mission to transform the fashion industry with sustainable practices. As an influential public figure, her endorsement will help raise awareness and encourage more individuals to adopt sustainable fashion.

Amar Nagaram, Founder, Virgio shared, “We are delighted to welcome Mira Kapoor to the Virgio family. Her dedication to living authentically and sustainably resonates with our brand’s values. Her fashion sense is impeccable and it complements the brand’s design language. Together, we aim to create a significant impact in the fashion industry by promoting eco-friendly fashion choices and mindful consumerism."

Virgio’s dedication to sustainability is reflected in every aspect of their brand, from the use of earth-friendly materials to ethical production practices. The brand meticulously crafts high-quality products using eco-friendly fabrics, ensuring flattering fits and impeccable finishes. Mira Kapoor's sophisticated fashion sense epitomizes Virgio, making her the ideal partner for the brand and its premium collections such as the Nu Bohème Collection, Linen Luxe, and Reworked Stripes.

This partnership between Virgio and Mira Kapoor is set to inspire and drive a movement towards a more sustainable and stylish future in the fashion industry.

Gurugram-based D2C haircare brand Moxie Beauty has successfully raised Rs. 17.3 crore (USD 2.1 million) in a funding round led by Fireside Ventures. The round also saw contributions from a distinguished group of angel investors, including Samir Singh (former Unilever CMO Personal Care and Chair Unilever Asia), Arjun Purkayastha (Regional CEO at a leading MNC), Suhasini Sampath (Founder of Yoga Bar), and Navin Parwal and Sangeet Agrawal (Founders of Mokobara).

Founded in November 2023 by Nikita Khanna and Anmol Ahlawat, Moxie Beauty specializes in salon-quality hair care products designed specifically for Indian hair textures. The brand's offerings include shampoos, conditioners, leave-in products, and styling solutions aimed at addressing dryness and frizz.

“India is not on the R&D roadmap for most global brands - they don’t formulate their products for Indian hair types, weather, or habits, which are very different from Western ones. For so long we have been taught to see our hair as ‘unruly’ and ‘unmanageable’ – but there is no such thing as bad hair, only unsuitable routines that were not made for us. Moxie’s mission is to empower people with the right products, tools, and knowledge to care for and feel confident in their natural hair texture,” said Nikita Khanna.

Khanna, an MBA from XLRI, was previously a consultant at McKinsey & Company, while Ahlawat, an MBA from FMS, held the position of General Manager at Paytm.

“We are very excited to partner with Moxie Beauty. It ties in well with our fund thesis of investing in purposeful brands that are innovating for the new Indian consumer. Moxie’s approach to building products suited for Indians who have wavy, frizzy and curly hair is a refreshing innovation in the large and growing hair care and beauty space,” shared Dipanjan Basu, Co-Founder and Partner at Fireside Ventures.

The newly acquired funds will be directed toward product innovation and research, talent acquisition, and expanding distribution channels. With its focus on innovative products and a mission to empower consumers, Moxie Beauty aims to capture a significant share of India’s USD 5 billion haircare market.

Gujarat-based direct-to-consumer (D2C) perfume brand AdilQadri has expanded its footprint with the opening of its first kiosk in Vadodara. Located at Eva The Mall, this new kiosk marks the brand’s 18th exclusive outlet across India.

“That’s exciting news for Vadodara! AdilQadri is known for its high-quality fragrance, so it’s great to see them expanding. Eva The Mall sounds like a perfect location for such a store,” said Bharat Singh Bhati, centre director at Eva The Mall.

AdilQadri, established in 2018 by Mohamadadil Asif Malkani, originally focused on online sales and has grown to include a robust direct-to-consumer (D2C) website, various e-commerce marketplaces, and a series of exclusive retail outlets.

The brand’s expansion efforts are not limited to India. It is planning to extend its reach globally through online channels, targeting markets in the US, Canada, and the UK. This move represents a strategic push toward international growth and increased market presence.

The company, which operates on a bootstrapped model, has set ambitious revenue targets for the coming fiscal year. AdilQadri aims to achieve Rs. 200-250 crore in revenue for FY 2025. In FY24, the brand generated approximately Rs. 90 crore, marking a substantial increase of around 350 percent compared to the previous year. This impressive growth underscores AdilQadri’s expanding influence in the fragrance industry and its successful market strategies.

Nasher Miles, a prominent digital-first luggage brand renowned for its vibrant and stylish designs, has successfully completed a $4 million bridge funding round, elevating the company's valuation to $30 million. This new influx of capital positions Nasher Miles for accelerated growth and expansion following its recent success on Shark Tank India.

The bridge round attracted more than 40 investors, including notable figures such as Singularity Early Opportunities Fund, Narendra Rathi (Investment Director at SoftBank Vision Fund), Sulabh Arya (Executive Director at Goldman Sachs Growth Equity), and Mohit Goyal (Ex-Managing Director at CVC Capital Partners). This diverse group of investors underscores the strong confidence in Nasher Miles' business model and its growth potential. The company’s pre-money valuation of $25.32 million reflects a 5.5 percent premium over its Shark Tank valuation, demonstrating the brand's commitment to sustainable growth. Much of this funding was facilitated by Avinash Rajpal.

Lokesh Daga, Co-founder & Director, Nasher Miles said, "This funding round is a testament to the strength of our brand and our vision for the future. We've strategically opted for a smaller raise at a reasonable valuation, setting the stage for our Series A round later this year or early next year. This approach allows us to maintain our growth momentum while preparing for larger-scale expansion. Our USP is variety. We see ourselves as a fashion player in the luggage industry, offering an unparalleled range of colors and designs. This funding will enable us to bring our innovative products to more customers across India through multiple channels."

The newly acquired funds will primarily be used to support Nasher Miles' ambitious omnichannel expansion plans. The company aims to increase its offline presence to 1,000 multi-brand outlets across India by the end of the calendar year and open 3-5 exclusive brand outlets this financial year. Additionally, Nasher Miles plans to enhance its quick commerce presence in select cities and boost its production capacity in India, with a goal of achieving 70-75 percent domestic manufacturing by December 2024. These strategic initiatives are designed to strengthen Nasher Miles' market position and foster sustainable growth across various channels.

Nasher Miles has already made significant progress in expanding its offline presence, appointing over 20 distributors nationwide and establishing a presence in 150 stores within just two and a half months. The company projects that its offline channel will generate $12 million in revenue in the next financial year.

Looking ahead, Nasher Miles aims to achieve over $60 million in revenue by FY 2028, aspiring to establish itself as a leading omnichannel brand present across all possible sales channels in India.

India’s leading gadget brand, Portronics, has launched the Toad 5, a transparent wireless mouse designed for those seeking a vibrant alternative to conventional pointing devices. The Toad 5 features an eye-catching see-through case, which is removable, and customizable RGB lighting to brighten up any workspace. Beyond its aesthetic appeal, it is equipped with practical features that enhance its value. 

The Toad 5 is a silent and efficient pointing device. It supports dual-mode connectivity, effortlessly switching between Bluetooth V5.3 and 2.4GHz wireless connections, ensuring reliable and high-speed connectivity for various devices. The left and right-click buttons feel like soft-touch keyboard keys, providing silent, satisfying, and responsive clicks.

The Toad 5 also caters to both productivity and gaming needs. Users can customize the RGB lights and adjust the optical sensitivity up to 1600 dpi, making it versatile for different activities. It offers wide compatibility and supports multi-device pairing, allowing seamless switching between a laptop, smartphone, or tablet. The built-in rechargeable battery offers extended operation time and reduces e-waste from regular battery replacements, and it can be conveniently recharged via a standard USB Type-C port.

The Portronics Toad 5 is available for purchase at an introductory price of Rs. 849 on the company's official website, with a 12-month warranty. It is also available on Amazon.in, Flipkart.com, and other leading online and offline stores.

Portronics, embodying the essence of Portability and Innovation, has established itself as a frontrunner in India’s digital and portable consumer electronics market. As a trailblazer in innovative technology tailored for the Indian audience, Portronics has consistently enhanced the lives of its customers by introducing new, high-quality gadgets. The brand meets daily tech needs through its inventive products across five primary categories: Audio, Car Accessories, Computer Accessories, Mobile Accessories, and Smart Gadgets. Known for its commitment to exceptional user experiences, Portronics is synonymous with portability and efficient design, driven by an innovative product lineup and high customer satisfaction. With a widespread presence across India, Portronics has been delivering cutting-edge innovation directly to consumers for over 13 years, continuously evolving to meet changing consumer demands.

Mumbai-based consumer lighting startup Corvi LED has successfully secured $8 million (approximately Rs 65.6 crore) from Enam Investments in its Series B funding round.

The newly acquired capital will be directed towards expanding operations and bolstering marketing and distribution efforts to enhance Corvi’s footprint in both the B2C and B2B markets. The company plans to launch a new line of LED products designed to combine ergonomic features with aesthetic appeal.

Founded in 2012, Corvi LED has made significant strides in the lighting industry, boasting over 100 patents and registrations. The company has also established an international presence, exporting its innovative products to 24 countries across Europe, the Middle East, Africa, and Southeast Asia.

Vimal Soni, Founder, Corvi LED said, “While innovation has stagnated across the industry after the shift to LED lights, Corvi LED has continued to lead with our focus on design, development and efficiency. This capital will propel our efforts to pioneer advancements in lighting technology, setting standards for sustainability and user experience. The LED market in India looks promising due to real estate, urbanization, smart cities mission, and technological advancements. We are well-positioned to capitalize on these opportunities and solidify our position as a leader in the industry.”

Vallabh Bhanshali, chairman, Enam Group said, “We are extremely excited to be working with an Indian company that is designing genuinely best-in-class lighting products. We see tremendous potential in Corvi’s approach to this industry. ”

Gen Z-focused fashion-tech startup Newme has successfully raised $18 million in Series A funding, spearheaded by venture capital firm Accel, with significant participation from existing investors such as Fireside Ventures and AUM Ventures. This fresh infusion of capital is set to fuel the company's ambitious growth plans and further cement its position in the burgeoning fashion-tech industry in India.

“With this investment, we are well-positioned to accelerate our growth and empower a whole new generation of fashion-conscious consumers in India. We are dedicated to addressing the dual-fold challenge of design relevance and evolving shopping preferences with precision and insight,” said Sumit Jasoria, co-founder, Newme.

The newly acquired funds will be strategically utilized to enhance the brand’s omnichannel presence, establish a robust network of offline stores, and optimize its tech-driven supply chain. This move aims to create a seamless shopping experience for consumers, blending the convenience of online shopping with the tactile satisfaction of in-store purchases.

“Direct-to-consumer (D2C) brands are uniquely positioned to capitalise on India’s retail sector, which is set to cross $2.2 trillion by 2030, leveraging omnichannel strategies. We are excited to partner with Newme on its journey to a leader in the fashion-tech industry in India,” said Anand Daniel, partner at Accel.

Earlier this year, Newme secured Rs 45 crore in seed funding from Fireside Ventures, AUM Ventures, 2 AM Ventures, and Allin Capital. These early investments laid the groundwork for Newme's rapid growth and helped the company establish a strong foothold in the competitive fashion market.

Founded in 2022 by Sumit Jasoria, Vinod Naik, Shivam Tripathi, and Himanshu Chaudhary, Newme has rapidly emerged as a key player in the fashion-tech sector, targeting more than 500 million Gen Z customers in India and Southeast Asia. The brand's innovative approach combines cutting-edge technology with contemporary fashion, appealing to the digital-savvy youth demographic.

Currently, the online-first brand operates six stores across five cities. However, Newme has ambitious expansion plans. In the next 12-18 months, the company aims to open 40-50 stores across 20 cities, including regions like Guwahati, Shillong, and Imphal. This expansion will not only increase the brand's physical presence but also enhance its ability to connect with a wider audience.

boAt, India’s leading audio and wearable brand, has announced a new partnership with Zepto, the country's fastest-growing consumer internet company, to transform how consumers access high-quality audio and entertainment. This collaboration aims to deliver top-notch audio experiences directly to consumers’ doorsteps in just 10 minutes.

By leveraging boAt’s expertise in producing outstanding audio products and Zepto’s rapid delivery capabilities, the partnership is set to revolutionize how people enjoy music, movies, podcasts, and more. Whether you're hosting an impromptu gathering, diving into a gripping podcast, or binge-watching your favorite show, boAt and Zepto ensure that the ideal audio companion is just a few taps away.

To celebrate this innovative alliance, boAt and Zepto have produced a whimsical and humorous film featuring iconic pop culture doppelgängers. In the film, these characters are amusingly shown in a boat, being towed around the city by a Zepto delivery partner. The film showcases entertaining interactions among the characters, with periodic zoom-outs highlighting the Zepto rider’s relentless efforts. It concludes with the message: "Delivering the Best of Music and Entertainment in Just 10 Minutes, Powered by boAt and Zepto."

The campaign is further supported by a viral trend on X, where “BoatOnRoads” quickly rose to No. 1, and a series of outdoor billboards that capture the essence of current pop culture. These billboards feature humorous takes on everyday scenarios, demonstrating how boAt’s features offer convenient solutions. The creative advertisements are designed to attract attention and underscore the excitement and convenience of the new partnership.

“Partnering with Zepto is a natural fit for boAt. We share a common goal of delighting customers with innovation and convenience. By offering boAt’s incredible audio products on the quick commerce platform, we’re bringing joy and entertainment to people’s lives in just 10 minutes,” said boAt spokesperson. 

Chandan Mendiratta, Chief Brand Officer, Zepto added, “This collaboration with boAt aligns perfectly with our mission to bring the best products to our customers in the quickest possible time. We are excited to combine our delivery speed with boAt’s superior audio quality, creating a seamless and delightful experience for our users.”

Havells India Ltd announced a significant 42 percent increase in consolidated net profit, reaching Rs 407.51 crore for the first quarter ending June 30, 2024. This impressive growth is attributed to robust sales driven by a scorching summer. In comparison, the company reported a consolidated net profit of Rs 287.07 crore in the same quarter of the previous fiscal year, as stated in their regulatory filing.

The company's consolidated revenue from operations in the first quarter was Rs 5,806.21 crore, a notable increase from Rs 4,833.8 crore during the same period last year. Total expenses for the quarter also rose to Rs 5,334.54 crore, up from Rs 4,516.59 crore a year ago.

The electrical consumer durables segment reported revenue of Rs 1,055.42 crore, compared to Rs 877.52 crore in the corresponding period of the previous fiscal year. The Lloyd brand of consumer products generated revenue of Rs 1,928.72 crore, a significant rise from Rs 1,310.92 crore in the same period last year.

The cables business segment recorded revenue of Rs 1,521.24 crore, up from Rs 1,485.18 crore in the corresponding quarter of the last fiscal year.

In an investor presentation, Havells India attributed the robust sales growth to the extremely hot summer, which boosted demand across various product categories. The company noted that the industrial and infrastructure segments continued to perform well, though there was some impact from the elections. Additionally, the company highlighted its commitment to brand building, with 3 percent of its revenue allocated to advertising and sales promotion during the first quarter, reinforcing its market presence and consumer engagement.

Looking ahead, Havells India expressed optimism about the demand outlook, citing positive consumer trends and an uptick in market activity. The company remains focused on leveraging these trends to sustain its growth momentum and further enhance its market share.

Urban Company has announced the successful conclusion of the investment journey of Kunal Bahl and Rohit Bansal, founders of Snapdeal and Titan Capital respectively. They initially invested Rs 57 lakh in 2015, and their recent exit transaction, facilitated by Dharana Capital, yielded aggregate proceeds of Rs 111 crore. This transaction underscores the confidence and growth potential they perceived in Urban Company.

In addition to Bahl and Bansal, several employees participated in the secondary deal, aligning their interests with the company's continued success. Vamsi Duvvuri, founder of Dharana Capital, will join the board as a non-executive director, bringing valuable insights and support.

“Urban Company has built an enduring and growing business with a strong foundation. We have been fortunate to be part of this journey from its earliest days and immense credit is due to Abhiraj (Singh Bhal), Varun (Khaitan) and Raghav (Chandra) and their team for building it with great determination, resilience and foresight,” Titan Capital stated in a statement.

Bahl and Bansal have indicated that 100 percent of their gains from Urban Company will be reinvested to support the next generation of Indian startups, aligning with their commitment to fostering entrepreneurial innovation.

Urban Company continues to strengthen its market position and expand its service offerings, supported by strategic investments and operational milestones. The company's revenue for the April-June period of this year stands at Rs 282-283 crore, marking a profitable quarter with a clear path towards sustained profitability by FY25.

Titan Capital continues to scout for early-stage startups, recently investing in Boba Bhai, Karban Envirotech, and DevDham. Both Bahl and Bansal also promote Unicommerce, an ecommerce enterprise software developer set to go public.

In the past year, Bahl and Bansal sold shares worth around Rs 78 crore through the IPO of Honasa Consumer, the parent company of Mamaearth. They saw returns of over 100 times on their investment and committed to reinvesting these gains into other startups.

Urban Company continues to focus on delivering exceptional services and driving innovation in the home services industry.

Heads Up For Tails (HUFT) has unveiled Hearty, a groundbreaking dry food product aimed at transforming pet nutrition in India. Developed after extensive collaboration with top canine nutritionists and veterinarians, Hearty underscores HUFT's commitment to providing pets with top-tier quality and wholesome nutrition.

Hearty stands out by using 100 percent real, locally sourced farm-fresh ingredients, completely free from byproducts, fillers, and artificial additives. Each ingredient is carefully chosen, and the recipe is gently baked in small batches at low temperatures to preserve essential nutrients like proteins, fats, fibers, vitamins, and minerals, surpassing the nutritional profile of conventional dry foods.

The formula includes proteins and omega fatty acids from meat, eggs, and fish, fiber from premium vegetables, fruits, and grains, and essential vitamins, minerals, and antioxidants from a variety of sources. Additionally, Hearty is enriched with Indian super herbs like Ashwagandha, Tulsi, Moringa, Giloy, and Turmeric, known for their holistic health benefits, enhancing overall pet wellness and setting a new standard in pet nutrition.

Hearty's production process ensures consistency and excellence, with each batch containing 60 percent real meat content and up to 50 percent fresh ingredients, far exceeding typical dry foods. This dedication ensures pets receive optimal nutrition with every serving.

Samarth Narang, CEO, HUFT shared, “We are excited to launch Hearty, a product that epitomizes our commitment to pet health and well-being. By utilizing the finest ingredients and advanced preparation methods, we believe Hearty will significantly enhance the lives of pets across India."

Rashi Narang, Founder, HUFT added, "Hearty is not just another dry food brand; it represents our pledge to provide pets with the nutrition they deserve. Our meticulous research, careful ingredient selection, and thoughtful packaging all reflect our dedication. Hearty is a testament to our promise to deliver excellence to our pets."

Hearty is now available online at headsupfortails.com and at over 90 HUFT stores nationwide, offering pet parents a convenient and nutritious solution for their pets' well-being.

Lass Naturals, an organic beauty industry, has recently revamped its entire packaging design to ensure effective customer communication and enhance the overall experience. Staying true to its core values of simplicity and sustainability, the brand's new packaging features a pristine white base. This clean and minimalistic design underscores the brand's commitment to offering products free from unnecessary additives, focused solely on delivering natural goodness.

Complementing the white base are vibrant color stripes, which not only add visual appeal but also signify the brand's dedication to addressing various skin and hair problems. Each vibrant color on the packaging represents different active ingredients used in the formulations. In today’s health-conscious world, this transparency helps customers clearly understand the benefits of each product.

Deepak Jain CEO and Founder, Lass Natural commented, “Our new packaging is a true reflection of our brand's ethos – simple, pure, and sustainable. We have always believed in the power of nature and the importance of transparency. Therefore, redesigning our packaging not only makes our products more attractive but also more informative, helping our customers make better choices for their skin and hair.”

Understanding the importance of first impressions, Lass Naturals has ensured that the new packaging design not only connects with customers immediately but is also fully recyclable. This change not only highlights the quality and care put into every formulation but also reinforces the brand’s commitment to sustainability.

Lass Naturals is the ultimate destination for comprehensive care for skin, body, and hair. With over 15 years of expertise in manufacturing, the brand is dedicated to providing the best solutions for all skincare and haircare needs. Whether dealing with acne, dry skin, hair loss, or other concerns, Lass Naturals offers a comprehensive range of products designed to address specific needs and deliver visible results.

Kalpavriksh Fund, managed by Acorn Fund Consultants Pvt Ltd, has announced its successful exit from The Ayurveda Experience (TAE), a leading cross-border direct-to-consumer (D2C) brand in beauty and health Ayurveda. The exit has yielded impressive returns of over 6x for the fund, marking a significant milestone in its investment journey.

Kalpavriksh Fund initially invested in The Ayurveda Experience during its Series A funding round in 2018 and continued to support the company through subsequent follow-on investments. The fund's strategic involvement played a pivotal role in TAE's growth trajectory and market expansion.

Rajesh Srivastava, Chairman, Acorn Fund Consultants Pvt Ltd said, “The remarkable returns underscore Kalpavriksh’s unwavering commitment to supporting innovative companies like The Ayurveda Experience that is not only redefining customer experiences in the wellness industry but also contributing significantly to the vibrancy of the Indian entrepreneurial landscape”. Building on this success, Srivastava added, “We have launched a second scheme in the Kalpavriksh family of funds with a target corpus of Rs. 500-750 crores and focused on offering bespoke private credit products to the Food, Agribusiness, and Sustainability sectors.”

Founded by Rishabh Chopra, The Ayurveda Experience has emerged as a global platform in health, wellness, and beauty, serving a customer base exceeding 1.38 million. The brand offers a diverse range of Ayurveda-inspired products including skincare, body care, hair care, wellness supplements, and functional foods across select global markets. Recently, TAE secured $27 million in a Series C funding round led by Jungle Ventures, with participation from SIDBI Ventures, Anicut Capital, and Sharrp Ventures (Mariwala Family Office), bringing its total funds raised to over $41 million (Rs. 342 crores).

“The Ayurveda Experience's dedication to harnessing the power of Ayurveda for a global audience has been truly impressive. The business has scaled over 10 times since then and has significantly expanded its customer base and product portfolio. We're proud to have been a part of their journey from the very beginning, and we're confident they'll continue to revolutionize the wellness industry” added Saransh Verma, Chief Investment Officer, Kalpavriksh Fund.

Kalpavriksh Fund manages assets valued at approximately Rs. 900 million, focusing on growth-stage investments in sectors including food, agribusiness, sustainability, and related technologies within India. The fund's diverse portfolio includes investments in companies such as BluSmart, an electric vehicle ride-hailing and charging infrastructure firm, and Littlemore Innovations, a pioneer in paperless digital examination technology.

As part of Prowess Advisors Pvt Ltd., a global leader in food, and agribusiness advisory services, the acquisition of Kalpavriksh Fund has bolstered Prowess Advisors' position in providing specialized investment banking and consulting services across sectors spanning food, agribusiness, sustainability, technology, and allied industries. The strategic alignment reinforces Prowess Advisors' commitment to expanding through strategic partnerships and acquisitions.

Mocemsa, the esteemed Indian fragrance house, has announced the appointment of Subhadro Das as their new Chief Executive Officer. With over two decades of extensive experience in marketing, sales, and business development, Das brings his visionary leadership to Mocemsa. His primary goals will include resource consolidation and continuous brand development across all verticals and innovations.

Das has held significant positions at Desire Fragrances BV, Raymond Consumer Care Ltd., Beauty Concepts Pvt Ltd, and Pepe Jeans London. His expertise in managing premium and luxury brands equips him with the insights and strategies necessary to elevate Mocemsa to new heights.

"We are happy to have on board Subhadro as our  CEO. His extensive experience and innovative mindset align perfectly with our vision for Mocemsa's future. We look forward to achieving newer heights with him,” said Paarth Malhotra, Co-founder, Mocemsa. 

“I see the fragrance and wellness category at an early stage in India, but believe the market is growing at a breakneck speed. With the changing trends in the Indian economy, the market is poised for mammoth growth. Continued innovation in products and enhanced customer engagement are crucial. “Mocemsa is positioned to take advantage of these trends, providing products that appeal to both aspirational and high-end consumers. I look forward to joining the Mocemsa team and leading Mocemsa to the forefront of Indian fragrance brands within the next five years,” stated Subhadro Das on his appointment.

Das envisions Mocemsa as a leader in the global fragrance and wellness industry. His strategic focus includes expanding the exposure of Mocemsa's diverse portfolio, securing additional retail space, and establishing a global presence. He aims to position Mocemsa to appeal to both aspirational and SEC A+ categories, catering to evolving market trends.

Under his leadership, Mocemsa anticipates further innovation and growth through streamlined organizational structures both internally and externally. Describing his leadership style as centered on fostering strong team dynamics, Das believes in identifying, engaging, and retaining the right talent. He plans to motivate and empower the Mocemsa team by distributing responsibilities and enabling employees at all levels.

Noida-based Nurture Well Foods Private Limited has announced the successful closure of a private placement round, with a significant investment of Rs. 500 million from the esteemed India Inflection Opportunity Fund (IIOF).

Nurture Well specializes in manufacturing and selling premium multi-category cookies and biscuits, including butter-rich cookies and center-filled products. The Company distributes its products through retail outlets and various e-tailing portals, boasting a robust network of over 150 business partners across North India. This network spans Jammu & Kashmir, Himachal Pradesh, Punjab, Rajasthan, Uttarakhand, Delhi, and Uttar Pradesh. Additionally, Nurture Well's biscuits are available in international markets such as the UAE, Kuwait, Somalia, Tanzania, Afghanistan, Congo, Kenya, Rwanda, and Seychelles.

The Company operates a state-of-the-art manufacturing unit in the Export Promotion Industrial Park (EPPIP), Alwar District (Rajasthan), with a total installed capacity of approximately 32,200 MTPA. It also has an overseas subsidiary catering to global markets and maintains manufacturing tie-ups in Malaysia to leverage raw material availability and ensure a smooth global supply chain.

Nurture Well has demonstrated a solid financial foundation, with an approximate topline of Rs. 2,750 million, growing at a CAGR of 47 percent from Fiscal 2021 to 2024. The Company reports robust return ratios, including a Return on Equity of 28 percent and a Return on Capital Employed of 24 percent, with a Fixed Asset Turnover of 3.8x.

Saurabh Goel, Director, Nurture Well stated, “Our vision is to be a leading and innovative biscuit manufacturing company, recognized globally for our exceptional quality, diverse product range, and commitment to customer satisfaction. We strive to delight consumers with delicious and wholesome biscuits that become their preferred choice for indulgence, comfort, and everyday snacking."

Sanidhya Garg, Director, Nurture stated, “By leveraging our market expertise alongside IIOF’s substantial financial resources, we are strategically positioned to enhance shareholder value and foster sustainable growth. This partnership lays a strong foundation for generating long-term economic value and securing a prosperous future for all stakeholders involved."

Madhu Lunawat, CIO, India Inflection Opportunity Fund said, “We are thrilled with our investment in Nurture Well, a standout in the multi-category biscuit segment. FMCG industry holds immense potential and we are confident that Nurture Well’s dedication to quality and innovation positions it perfectly to capitalize on this growth. We are particularly enthusiastic about the fast growth in domestic as well as overseas markets. We anticipate significant value creation and a mutually beneficial partnership that will drive sustainable financial success.”

IIOF has established itself as a prominent fund house in the mid-market sector, investing in asset-backed profitable companies at the growth stage while avoiding environmentally irresponsible businesses and futuristic themes. Notably, the fund recently made two investments in leading consumer ODM businesses and a chain of managed flex office spaces for businesses. Over the last six months, IIOF has closed six investment deals in the mid-market segment.

SkinInspired, a pioneering skincare brand recognized for its effectiveness, has announced a significant infusion of Rs 12.25 crore (approximately US$1.5 million) in seed funding. This early-stage investment from a prominent investor underscores SkinInspired's rapid success and strong consumer traction with its dermatologically approved skincare solutions.

Founded in 2022 by FMCG veteran Piyush Jain and distinguished Dermatologist Dr. Prashant Agrawal, SkinInspired has established itself as a high-performance skincare brand. Featuring multiple proprietary active ingredient blends, the brand offers a curated range of products tailored to different skin types across four categories: face wash, face serum, sunscreen, and moisturizer.

Endorsed by dermatologists, SkinInspired has become a trusted choice for daily skincare routines. The brand has also introduced India’s first refillable skincare line, utilizing airless jars and pumps to preserve product efficacy and promote sustainability, addressing a significant gap in the Indian skincare market while meeting clean beauty standards.

Led by Unilever Ventures and supported by notable angel investors including Dr Vaidya’s co-founder Arjun Vaidya, this funding marks a pivotal moment for SkinInspired, ushering in a new era of growth and innovation. The capital infusion will be allocated towards research and development initiatives, strategic marketing efforts, and enhancing the brand's go-to-market strategy.

"SkinInspired epitomises the fusion of efficacious ingredient blends, delightful textures, and functional packaging, delivering a luxurious skincare experience with global resonance. We aim to elevate 'I-beauty' onto the global stage, benchmarking our formulations against the best worldwide,” stated Piyush Jain, Founder and CEO, SkinInspired.

Pawan Chaturvedi, Partner-Asia at Unilever Ventures remarked, “Dermaceutical brands represent one of the fastest-growing segments in India and globally. We are thrilled to collaborate with SkinInspired, a brand that has carved out a distinct niche within a fiercely competitive landscape, garnering early acclaim from consumers and the Dermatologists community alike.”

Prashant Agrawal, a renowned Dermatologist, Co-founder, and Chief of Products expressed, “We are trying to raise the bar on efficacy, experience, and transparency in skincare through curated informational content on our social media handles."

The skincare industry in India reached US$3 billion in 2023, with projected growth at a CAGR of 14.6 percent through the forecast period, expected to soar to US$13 billion by 2034. SkinInspired is strategically positioned to capitalize on this growth trajectory, offering innovative and effective skincare solutions to consumers nationwide.

Esah Tea, a prominent direct-to-consumer (D2C) tea brand based in Assam, has unveiled a pioneering product: the world’s first microplastic-free cotton tea bags. These innovative tea bags, priced at just Rs. 5 each, are completely chemical-free, biodegradable, and crafted by hand, underscoring the brand’s steadfast dedication to sustainability and customer well-being.

The launch addresses concerning findings from McGill University, revealing that traditional plastic tea bags release an alarming 11.9 billion harmful microplastic particles per cup. Microplastics, when consumed through ingestion, inhalation, or skin absorption, pose significant health risks, including potential cellular damage and associations with immune disruption, neurotoxicity, reproductive issues, and carcinogenic effects.

Bijit Sarma, Founder and CEO, Esah Tea, stated, "At Esah Tea, we've always viewed ourselves as more than just purveyors of fine tea; we're custodians of a centuries-old rich tea heritage. The introduction of our microplastic-free cotton tea bags is not merely a product launch—it's a paradigm shift in how we approach tea production and consumption. We're addressing a critical health and environmental issue while simultaneously elevating the tea-drinking experience. This launch notably exemplifies our belief that exceptional quality, responsible production, and environmental stewardship can and must coexist in perfect harmony. I am extremely thankful to our R&D team whose day and night efforts have brought our toxin-free tea bags to fruition. We invite conscious consumers to sip responsibly and sustainably with Esah Tea.”

Esah Tea offers a diverse range of over 20 tea variants, including Honey Lemon Green Tea, Organic Assam Breakfast Tea, and specialty options like Organic Blue Tea and Rose Lychee Black Tea. The brand also features instant chai selections such as Cardamom, Masala, and Kadak chai, alongside health-conscious choices like Instant Mango Turmeric Latte, priced between Rs. 199 and Rs. 399.

Available nationwide through their official website, major e-commerce platforms like Amazon, and select retail outlets across Delhi and Gurgaon, Esah Tea has expanded rapidly since its inception in 2021. Starting from ten premium stores, the brand now spans over 600 outlets across India and exports to more than 10 countries worldwide, including the USA, South Korea, and the UK. Esah Tea aims to further grow its footprint to 5,000 outlets by 2024 and is committed to converting 20,000 acres to organic tea cultivation in Assam while supporting over 1,000 local small tea growers by 2025.

Swiss Beauty, one of India’s leading makeup brands, marks its 11th anniversary by unveiling Swiss Beauty Select, a new premium collection. This launch signifies the brand’s entry into the high-end segment, building on its legacy of excellence.

Swiss Beauty Select is meticulously designed to cater to the sophisticated preferences of beauty enthusiasts across India. This hybrid makeup range offers a perfect blend of skincare and makeup, featuring products like liquid lipsticks, bullet lipsticks, eyeshadow, and mascara. The brand plans to continually expand this collection with new additions each month. Infused with Vitamin E, Coconut Water Extracts, and other superior skincare ingredients, the products leverage advanced technologies such as micro-tubing and Hilurip to enhance performance. All items are dermatologically tested, vegan, and cruelty-free, demonstrating Swiss Beauty’s commitment to high ethical standards.

For the first three months, Swiss Beauty Select will be available exclusively on Nykaa and the brand’s website, www.swissbeauty.in. Starting in July, the collection will also be sold at Swiss Beauty’s exclusive brand outlets in locations including Elante Mall in Chandigarh, Amanora Mall in Pune, VR Surat in Surat, Mall of Amritsar in Amritsar, EDM Mall in Ghaziabad, Icon Plaza in Muzaffarpur, Sarath City Capital Mall in Hyderabad, and Elpro City Square in Pune.

Mohit Goyal, Co-Founder and Director, Swiss Beauty said,  “With 11 years of presence in the Indian beauty industry, Swiss Beauty has gained deep insights into the evolving needs of our consumers. Swiss Beauty Select represents our commitment to innovation and quality, offering premium products that cater to the sophisticated tastes of today's beauty enthusiasts. We're not just introducing new products; we're redefining premium beauty standards. This launch marks a new chapter in our journey to make high-performance beauty accessible to everyone.”

Swiss Beauty boasts a network of 25,500 retail touchpoints across 550 cities in India and plans to expand to 30,000 by entering tier II and smart cities. The brand also aims to double its exclusive outlets by FY25, bringing the total to 24. To further increase accessibility, Swiss Beauty will open an additional 147 beauty-assisted outlets and add over 450 touchpoints this financial year.

FITPASS, India's leading fit-tech brand, has bolstered its marketing and growth capabilities with the appointment of industry veterans to senior leadership positions. This strategic move aims to enhance market penetration and achieve ambitious growth targets, aiming for more than a threefold increase by 2024-2025.

Leading the charge is Abhinay Singh, newly appointed Vice President of Growth at FITPASS. With a decade of leadership experience, Singh previously spearheaded Marketing and Growth at Redcliffe Labs and Thyrocare Technologies. His expertise in scaling businesses, accelerating growth, and optimizing processes is expected to significantly benefit FITPASS. Currently holding a commanding 52 percent market share in the fitness app category, FITPASS leads the industry by a significant margin. Singh’s strategic approach to performance marketing will play a pivotal role in expanding the brand's footprint and reinforcing its position in the competitive Indian fitness market.

Accompanying Singh is Neeraj Kumar, appointed AVP of Digital Marketing, and Shaleen D'souza, appointed AVP of Brand and Communication. Kumar brings over thirteen years of extensive experience in digital strategy and marketing, having played pivotal roles at Redcliffe Diagnostic and Healthians. He has successfully executed campaigns that significantly boosted digital adoption and brand visibility, leveraging data-driven decision-making and multi-channel expertise to advance FITPASS’ vision for a healthier India.

D'souza, with a decade of experience working with prestigious branding agencies like Vector Brand Solutions (Quotient Group) and Mirum (WPP Group), brings her expertise in comprehensive marketing for renowned brands such as TVS Eurogrip, Flipkart Seller Hub, Raymond, Shoppers Stop, and Tata Housing. Her exceptional skills in communications and brand development will be pivotal in enhancing FITPASS' internal and external communications strategies to foster brand growth.

Abhinay Singh remarked, "I am eager to embark on this journey with FITPASS, focusing on our shared mission to democratize fitness and wellness across India. Collaborating with Akshay and Arushi presents a tremendous opportunity as I believe strongly in the brand they have cultivated and FITPASS’ potential to revolutionize the fitness landscape. By leveraging advanced technology and data-driven insights, I am committed to enhancing our services and expanding our reach, making fitness accessible to all. My objective is to triple the company's growth by expanding our presence in the D2C segment and increasing brand visibility to enhance market discoverability. With our newly appointed core team members, Neeraj Kumar and Shaleen D'souza, I am confident we can swiftly and effectively achieve our goals."

Akshay Verma, Co-founder, FITPASS stated, “FITPASS is experiencing rapid growth. With the addition of renowned industry experts to our team, we have a unique opportunity to strengthen our market leadership. FITPASS aims to serve over 50 million consumers in the next five years, bolstering our FITSTERS community and significantly expanding our reach. Our new growth and marketing team understands the importance of this milestone and shares a profound synergy with FITPASS’ mission to democratize fitness access nationwide."

FITPASS continues to lead in democratizing fitness access across India with a network of premium gyms and fitness centers. Boasting over 1.1 million monthly active members nationwide, FITPASS embodies its commitment to making fitness affordable, accessible, and enjoyable through cutting-edge technology and personalized services. From all-access universal smart memberships to AI-led coaching plans, personalized nutrition guidance, and tailored corporate wellness programs, FITPASS remains the ultimate partner on every fitness journey

Scandalous Foods, a trailblazer in the Indian sweets industry catering to the restaurant and catering sectors, has announced its ambitious target of raising $12 million in funding in the near future. This initiative follows a successful pre-seed funding round in February 2024, where the company secured Rs 3 crore from esteemed angel investors.

The pre-seed funding round, backed by seasoned investors including KRS Jamwal, Mrunal Jhaveri, Arjun Vaidya of V3 Ventures,  Ajay Mariwala, MD of VKL and FSIPL, and celebrity Chef Harpal Singh, marked a significant milestone for Scandalous Foods. These funds have already spurred growth, enabling the company to expand its production capabilities and establish a larger facility.

Sanket S., Co-Founder of Scandalous Foods said, “Our recent pre-seed funding has laid a strong foundation for our growth. The additional Rs. 3 crore has allowed us to enhance our production and cater to a broader clientele. As we prepare to raise $12 million, we are more committed than ever to revolutionizing the Indian sweets landscape. Our vision is to blend tradition with innovation, creating sweets that resonate with both contemporary and traditional palates."

Scandalous Foods has exhibited strong growth, achieving a 22 percent year-over-year increase in FY24. Notably, the company experienced a 75 percent growth in the last quarter (January–March 2024) compared to the preceding quarter (October–December 2023). This impressive performance underscores the brand's potential and readiness for substantial expansion.

The strategic investment in a larger production unit underscores Scandalous Foods' commitment to quality and scalability. The company aims to leverage this enhanced capacity to consolidate its presence in key markets such as Mumbai and Nasik, and bolster its HoReCa (Hotel, Restaurant, and Catering) footprint.

As Scandalous Foods embarks on its next phase of growth, it remains steadfast in its commitment to delivering exceptional Indian sweets that cater to evolving consumer preferences. The upcoming funding round will enable the company to introduce innovative products, launch Mithai parlors, expand its offerings, and establish itself as a leader in the industry.

Bengaluru-based G.O.A.T Brand Labs, a direct-to-consumer (D2C) house of brands, has successfully raised $21 million (Rs 175.5 crore) in a fresh funding round. This round of investment was led by prominent investors such as BlackRock, Mayfield, NB Ventures, and others, reflecting strong confidence in the company’s growth potential and market strategy.

G.O.A.T Brand Labs plans to leverage these new funds to accelerate the growth of the various brands in its portfolio. These brands include well-known names like Chumbak, trueBrowns, The Label Life, Pepe Jeans Inner Fashion, Voylla, Petcrux, and Nutriglow. The infusion of capital will be pivotal in scaling their operations and expanding their market presence across different channels.

“Given the strength of our brands, an Omni channel play is panning out. We will use the capital from this round largely for growth – expanding our business in Quick Commerce, Exports, and Offline Stores. Our brands are seeing good profitable scale with a couple of them just a few quarters away from the Rs 100 crore annual recurring revenue (ARR) mark. The Company is all set to hit a profitable revenue of over Rs 500 crore annual recurring revenue (ARR) in next 9-12 months,” said Rishi Vasudev, co-founder, G.O.A.T.

In addition to the current $21 million raise, G.O.A.T Brand Labs anticipates that the funding round may extend to $30 million, given the significant interest from investors and ongoing active discussions. This potential increase in funding would further solidify the company’s financial foundation and support its ambitious growth plans.

Founded by Rishi Vasudev and Rameswar Misra in May 2021, G.O.A.T Brand Labs operates as an aggregator of D2C brands, investing primarily in digitally native brands within the lifestyle sector, which encompasses fashion, home, beauty, and personal care. The company’s vision is to “Make Indian D2C stars world-famous,” aiming to elevate the global presence of Indian D2C brands through strategic investments and growth initiatives.

This funding milestone underscores G.O.A.T Brand Labs’ robust business model and its commitment to fostering the growth of innovative and scalable D2C brands. As the company continues to expand its portfolio and market reach, it remains focused on achieving significant revenue milestones and establishing a strong foothold in both domestic and international markets.

Delhi-based Vardhman Appliances Ltd. has concluded its pre-IPO placement round with India Inflection Opportunity Fund (IIOF) acquiring approximately a 5 percent stake in the company, the financial details of which remain undisclosed.

“Our vision is to tackle real-time problems with top-quality products that make a difference. By combining our market expertise with IIOF’s robust financial backing, we are well-positioned to maximize shareholder value and drive sustainable growth. This collaboration sets the stage for creating long-term economic value, ensuring a prosperous future for all stakeholders involved,” said Parmod Kumar Jain, Chairman, Vardhman.

Vardhman Appliances Ltd. caters to an OEM/ODM clientele and offers a range of consumer appliances such as fans, irons, room heaters, mixer grinders, hand blenders, and cooktops. The company operates manufacturing facilities in Kundli, Haryana, and Baddi, Himachal Pradesh, with a widespread franchise network spanning over 300 locations nationwide.

“We are excited to be a part of Vardhman Group with 4+ decades of experience in manufacturing of consumer appliances. With exceptional execution capabilities, supported by a professional team with a clear vision and strong leadership, we recognize significant growth prospects in Vardhman,” Madhu Lunawat, CIO, IIOF, a fund house in the mid-market sector investing in companies at the growth stage.

Under its brand Lazer, Vardhman Appliances Ltd. markets and sells over 200 SKUs across various categories. The company maintains a presence in 20 states through 8 branch offices, serving a network of 1,000 distributors and dealers, 15,000 retailers, online platforms, and institutional sales.

The company has achieved a top line of Rs. 1,000 crores, growing at a Compound Annual Growth Rate (CAGR) of 18 percent from Fiscal 2021 to 2024. It boasts a Return on Equity (ROE) of 28 percent and a Return on Capital Employed (ROCE) of 34 percent, with a Fixed Asset Turnover exceeding 14.6 times.

Mode Retails Sales and Marketing Pvt. Ltd., a prominent player in the incense industry renowned for its flagship brand Prabhu Shriram Incense, has announced ambitious plans to raise $10 million in its upcoming series A funding round. The company revealed its strategic goals and outlined how the funding will be pivotal in advancing its growth trajectory.

The primary objectives of the funding include ramping up production capabilities to meet growing demand, diversifying and enhancing the product portfolio of Prabhu Shriram Incense, and expanding its footprint across domestic and international markets through its innovative retail concept, Ramalaya.

“With the Series A funding, we aim to elevate Prabhu Shriram Incense to new heights, providing divine fragrances that inspire happiness, peace, and prosperity. This funding will not only help us scale our operations but also enable us to reach more consumers, bringing the divine essence of our products into their lives,” said Prashant Kumar, managing director, Mode Retails.

Established in 2019, Mode Retails has swiftly gained recognition for its commitment to crafting premium incense products that resonate with consumers seeking spiritual and emotional fulfillment. The company has successfully built a strong presence across India and is now poised to leverage the series A funding to expand into new international markets, capitalizing on the global appeal of its offerings.

The move underscores Mode Retails’ strategic focus on meeting the evolving preferences of consumers for high-quality incense products that enhance personal rituals and spaces with distinctive fragrances. As the company prepares to embark on this significant growth phase, it remains dedicated to upholding its reputation for excellence and innovation in the incense industry.

Chupps, a leading direct-to-consumer footwear brand known for its stylish, comfortable, and sustainable open footwear, has appointed Khairav Duggal as its new Chief Executive Officer. With over two decades of experience in the fashion and footwear industry, Khairav brings a wealth of strategic vision to lead Chupps into its next phase of growth.

In his new role, Khairav will oversee all aspects of Chupps’ operations, focusing on product development, sourcing, and expanding sales channels, including strengthening their e-commerce presence. His appointment aims to reinforce Chupps’ position as a frontrunner in performance-driven and durable open footwear.

Khairav Duggal, CEO, Chupps said, “Joining Chupps is an exciting opportunity to leverage my experience in a dynamic and growing market. I look forward to working with the talented team to enhance our product offerings, expand our reach, and cultivate strong customer connections. We will build on Chupps’ reputation for performance, comfort, and durability, making it a household name in open footwear.”

Khairav’s extensive career includes pivotal roles in major e-commerce platforms like Myntra, Cult, and Udaan, where he contributed significantly to category sales and profitability through strategic planning and effective leadership in business sales, e-commerce, buying, and merchandising.

Yashesh Mukhi, Founder of Chupps shared, “We are delighted to welcome Khairav to the Chupps family. His proven track record in driving category growth and profitability, coupled with his deep understanding of the e-commerce landscape, aligns perfectly with our ambitions. We are confident that under Khairav’s leadership, Chupps will reach new heights in product innovation and market presence.”

Founded on principles of innovation and customer satisfaction, Chupps has quickly emerged as a disruptor in the open footwear market, resonating with consumers seeking sustainable and stylish footwear options. With a diverse product range catering to various lifestyles, Chupps continues to redefine standards in open footwear. Under Khairav Duggal’s leadership, Chupps remains committed to offering accessible, high-quality footwear that blends comfort with contemporary style.

This appointment marks a pivotal moment for Chupps as they embark on a journey of growth and innovation under Khairav Duggal’s strategic leadership.

Japanese consumer electronics giant Sony anticipates that India will surpass Japan to become its third-largest market globally within the next couple of years, with revenue reaching Rs 10,000 crore.

Sony India Managing Director Sunil Nayyar highlighted that the company achieved a revenue of Rs 6,353 crore in 2022-23 in India, and is focusing on the premium television segment, along with its audio and imaging products, to drive growth.

According to Nayyar, Sony India is also investing heavily in the rapidly expanding gaming segment and imaging business.

“We have traveled a long way. If I go back 10 years, we were quite behind the globe, but now, we are close to number four as a single country business across the globe, which means in a couple of years, maybe we can be number three and remain in the top three in future I think should be a good position to stay as a Sony company around the globe. We are hopeful about India as a country itself. So within this context, and parameters and with our product portfolio, plus our strategy of making the premium as mantra to the market, we hope that we should be number three quite soon. I also feel that maybe a couple of years down the line, we should be hitting the milestone of Rs 100 billion. So our target this year is to grow another 20 percent,” said Nayyar, MD, Sony India.

Sony plans to introduce new technologies in audio and video to Indian consumers and expand its imaging and gaming business where Sony India currently holds a leadership position.

On future growth drivers, Nayyar identified the TV business as a primary growth driver, with the audio business (including soundbars, party speakers, true wireless headphones, and buds) also evolving rapidly. The digital imaging and gaming businesses, including PlayStation, are expected to see substantial growth in India.

While televisions currently contribute half of Sony India’s business, the company expects other segments to grow significantly.

Sony India had seen a decline in revenue after its parent company exited the Vaio laptop and mobile handset businesses. At its peak, Sony India’s revenue was over Rs 11,000 crore in FY15.

“We are now reaching a similar tunnel after so many years of course, and we have made up with the televisions in the categories, which we now handle without laptops and mobile phones,” Nayyar added.

Goodveda, a pioneer in natural healthcare solutions committed to enhancing personal well-being, has unveiled its new line of nutritious millet-based healthy baked crunchies, ‘Milletious’. This strategic move aligns with the Indian government's 'Millet Revolution' campaign aimed at promoting millet consumption and transforming dietary habits across the nation.

In a significant partnership with Barista at a pan-India level, Goodveda aims to revolutionize snacking habits among Indians. By introducing these wholesome snacks at Barista outlets nationwide, Goodveda provides a healthy alternative and enhances accessibility to nutritious snacking options for coffee enthusiasts, café patrons, and fitness aficionados alike.

"We are extremely excited to be in line with our government's Millet revolution, that is paving the way for a healthier lifestyle. We want to be the flag bearers of holistic well-being. At Goodveda, we aim to provide wholesome, delicious snacking options that support both your health and taste buds. By partnering with Barista, we're making it easier for people to enjoy nutritious snacks on-the-go, complementing their favorite coffee moments,” said Abhishek Gaggneja, Founder, Goodveda.

Goodveda's premium millet-based healthy baked crunchies are crafted to meet the demands of health-conscious consumers seeking gluten-free, low-glycemic index, sugar-free, and preservative-free options. Made from nourishing ingredients like millet, bajra flour, jowar flour, and wheat flour, these snacks blend traditional grains with irresistible flavors. They offer a luxurious treat without compromising health standards.

The ‘Milletious’ crunchies come in four delicious flavors—Gazab Garlic, Hotshot Chilli, Mad Masala, and Masoor Methi—catering to diverse taste preferences while delivering the nutritional benefits of millets. Available in 80g and 200g packs, these snacks are rich in proteins, dietary fiber, iron, and magnesium, making them suitable for various dietary restrictions, including vegan diets.

Recognizing the significance of millets, Goodveda's ‘Milletious’ range aims to redefine snacking by prioritizing health, improved nutrition, and exceptional taste. These snacks are maida-free, preservative-free, and made from plant-based ingredients, catering to the growing demand for healthier lifestyle choices.

'Milletious' crunchies are available online at www.goodveda.com, offering convenience and accessibility to health-conscious consumers nationwide.

Bengaluru-based quick service restaurant (QSR) chain Bigguys has made its entry into Andhra Pradesh with the inauguration of its first store in Vijayawada. The move marks the beginning of an ambitious expansion strategy aimed at establishing over 20 stores across the state by the end of 2025.

Anticipating a significant investment of more than $1 million through franchising, Bigguys aims to create a robust network of outlets spanning all major cities in Andhra Pradesh.

“We are thrilled to bring Bigguys’ unique and flavorful chicken offerings to Andhra Pradesh, starting with Vijayawada. With its high non-vegetarian food consumption, Andhra Pradesh presents a perfect market for our brand. We look forward to becoming a go-to destination for delicious chicken experiences across Andhra Pradesh,” said Biraja Rout, founder, Bigguys.

Competing with established QSR giants like KFC and Popeyes, renowned for their fried chicken offerings, Bigguys achieved a gross merchandise value (GMV) of Rs 7.4 crore in the financial year (FY) 2023-24. The company has reported steady growth, with monthly GMV figures of Rs 61.8 lakh in January 2024, Rs 69 lakh in February, and Rs 77 lakh in March, showing an average month-on-month growth rate of 12-14 percent.

Looking ahead, Bigguys aims to triple its GMV in the current fiscal year and plans to diversify into new culinary categories such as Korean flavors.

Bigguys operates under Beamer Brands, a Bengaluru-based QSR company established in 2016, managing brands like Biggies Burger, Original Burger Co., and Bigg Café. Presently, Beamer Brands is focused on expanding its presence from Bengaluru to Mumbai, Chennai, and other key cities, with ambitions to achieve a revenue of Rs 500 crore by 2027.

House of Beauty has recently announced the promotion of Sanjali Giri to Chief Business Officer (CBO). In her new role, Sanjali will lead strategic initiatives and drive the expansion of the international brand portfolio while overseeing the overall business growth of the International Brands division.

Sanjali previously served as the Vice President of International Brands Distribution and Retail, where she demonstrated exceptional business leadership and played a pivotal role in the brand's accelerated expansion in India over the past three years. Her commitment to redefining beauty standards and introducing innovative brands aligns seamlessly with House of Beauty's mission.

With 20 years of retail expertise in the beauty and fashion industry, Sanjali is passionate about fostering a meaningful and fulfilling life. Under her leadership, House of Beauty has successfully introduced six pioneering beauty brands to the Indian market.

Currently, Sanjali manages a portfolio of iconic international beauty brands, including Anastasia Beverly Hills, Kylie Cosmetics, Max Factor, Juice Beauty, Neal’s Yard Remedies, and EcoTools. She oversees the entire international beauty brand portfolio at House of Beauty, managing the brands' P&L and marketing in India. Sanjali has been instrumental in implementing a comprehensive 360-degree brand-building strategy that aligns with global guidelines.

House of Beauty™ (HOB) is a rapidly expanding beauty and wellness specialist company that focuses on launching international and cult celebrity beauty brands across India. The company has provided customers with a premium multi-brand beauty shopping platform, Boddess.com. With Boddess experiential retail stores coming soon, House of Beauty™ aims to offer an exciting, experiential beauty and wellness experience, powered by digital beauty, beauty experts, skin experts, and beauty education specialists, providing highly individualized and personalized beauty, skincare, and makeup solutions to customers.

Malabar Gold & Diamonds, a global leader in jewelry retail has introduced its latest diamond jewelry line, 'NUWA', at a prestigious event held in the UAE. The collection was unveiled by Bollywood actress Kareena Kapoor Khan, chosen for her embodiment of timeless elegance, perfectly aligning with the essence of NUWA.

Inspired by nature's intricate designs and textures, the NUWA collection showcases luxurious diamond pieces crafted to capture the essence of elegance and resilience. Each piece reflects meticulous craftsmanship, symbolizing the strength and grace inherent in women who navigate life's challenges with poise.

MP Ahammed, Chairman, Malabar Group said, “We are incredibly proud to introduce the NUWA collection, which celebrates both nature and the indomitable spirit of women. Each piece in this collection has been crafted with immense care and precision, reflecting the intricate beauty of nature and the resilience of women. We are honored to have Kareena Kapoor Khan launch this collection, as she perfectly represents the grace and awe that NUWA stands for."

The NUWA collection by Malabar Gold & Diamonds represents a tribute to modern women, highlighting their pursuit of excellence and their connection to nature's beauty. The collection adheres to Malabar Gold & Diamonds' commitment to quality, offering responsibly sourced natural diamonds, certified quality assurance, 100 percent transparency, guaranteed buyback, and more.

With an annual turnover of $6.2 billion, the company currently ranks as the 6th largest jewelry retailer globally and holds the 19th position in Deloitte’s Luxury Goods World Ranking. Malabar Gold and Diamonds operates a robust retail network comprising over 350 stores across 13 countries, complemented by multiple offices, design centers, wholesale units, and factories located across India, the Middle East, the Far East, the USA, the UK, Canada, and Australia.

In addition to its extensive physical presence, Malabar Gold and Diamonds offers customers the convenience of shopping through its online store at www.malabargoldanddiamonds.com, enabling them to purchase their favorite jewelry from the comfort of their homes at any time.

Celebrating its fourth anniversary, Snitch has reported a remarkable 130 percent increase in sales compared to last year, solidifying its position as India's fastest-growing fashion startup. This exceptional growth has been driven by its expansive retail model, combining aggressive online and offline expansion strategies.

Dominating the fashion and lifestyle sector in India, Snitch commands an impressive 2.4 percent market share in the men's fashion e-commerce segment, posing strong competition to international giants like Zara and H&M. The brand's growth trajectory, fueled by a strategic blend of online and offline channels, is noteworthy. Snitch's website ranks 5th in India's apparel and fashion category and records sales of 15 units per minute across online and retail platforms, offering a diverse range from men’s clothing to shoes, perfumes, and sunglasses.

An advanced inventory management system plays a crucial role in meeting rising demands, with agile software tracking trends and customer preferences in real time. This approach enables Snitch to launch new collections weekly, tailored to evolving consumer tastes.

In the last six months alone, Snitch has significantly expanded its offline presence, opening a new retail store every two weeks. Currently boasting 12 stores in cities such as Vadodara, Pune, Hyderabad, Bangalore, Surat, and Ahmedabad, the brand aims to launch 40 more stores by year-end, targeting major metros like Mumbai and Delhi. This rapid expansion underscores Snitch's proactive market strategy and potential to reshape the fashion landscape.

Siddharth Dungarwal, Founder of Snitch commented “We are thrilled by the overwhelming growth the brand has witnessed from the past four years. Our journey has been marked by numerous milestones, each reflecting our commitment to excellence and innovation. This accomplishment reaffirms Snitch's position as a world-class brand, and we are excited about the opportunities that lie ahead”. 

As Snitch continues to carve a niche in the fashion industry, it sets benchmarks with innovative business strategies and a strong focus on customer satisfaction, paving the way for continued success and expansion.

Amazon Beauty is transforming the beauty shopping landscape with the introduction of three groundbreaking initiatives aimed at enhancing customer discovery and shopping convenience. Amazon announced the launch of the Amazon Derma Store, the upgraded Global Beauty Store 2.0, and the innovative SkinCare Advisor tool. This summer, Amazon Beauty aims to elevate the online beauty shopping experience by offering a curated selection of top brands, trending skincare ingredients, new product launches, and unique finds, all delivered with the convenience of Amazon’s fast delivery and trusted shopping experience.

Catering to the evolving needs of beauty enthusiasts, Amazon Beauty has introduced SkinCare Advisor—a cutting-edge tool that provides personalized skincare solutions tailored to individual skin concerns and preferences. Integrated seamlessly into search functionalities, customers can complete a brief survey about their skin type and goals. The tool then delivers a customized set of product recommendations spanning cleansers, treatments, moisturizers, sunscreens, and eye care, enabling customers to discover products perfectly suited to their unique skincare needs through an intuitive guided experience on Amazon.

The newly launched Derma Store consolidates a diverse range of brands and products formulated with trending skincare ingredients, sourced from trusted brands, and featuring exciting new launches and hard-to-find labels. From daily moisturizers and cleansers to targeted serums and sunscreens, the Derma Store offers a comprehensive selection to build a complete skincare regimen—all at excellent value with the convenience of Amazon’s trusted shopping environment. Highlighted brands include CeraVe, Cetaphil, BIODERMA, Sebamed, ISDIN, Avène, Episoft, LACTO CALAMINE, La Shield, and more.

The upgraded Global Beauty Store 2.0 now showcases over 60 international beauty brands, introducing new additions such as Anastasia Beverly Hills, NUDESTIX, Beauty of Joseon, AXIS-Y, FIRST AID BEAUTY, rom&nd, MAX FACTOR, and others. Across skincare, makeup, fragrance, haircare, and beyond, Global Beauty Store 2.0 offers a selection of over 5,000 products at discounts of up to 40 percent, making it easier than ever for customers to explore and experience popular beauty brands from around the world.

"We are thrilled to unveil a suite of innovations designed to elevate our customers' beauty shopping experience. With skincare as our largest category, it was a natural next step to launch the new Derma Store to better serve the growing demand for specialized skincare solutions. We recognize that shopping for skincare online can be challenging, with customers often seeking personalized advice before purchasing. That's why we're introducing the all-new SkinCare Advisor feature to provide tailored product recommendations based on each customer's unique skin concerns and preferences. Global Beauty Store 2.0 exemplifies our commitment to offering the best global brand selection, at a great value, with the fast delivery and trusted experience customers expect from Amazon,” said Zeba Khan, Director of Beauty, Luxury Beauty and Personal Care at AmazonIN. 

The Amazon.in marketplace, operated by Amazon Seller Services Private Ltd, an affiliate of Amazon.com, Inc. (NASDAQ: AMZN), aims to create the premier online destination where customers can easily discover and purchase virtually anything they desire. Amazon.in strives to enhance customer satisfaction by offering a wide selection of products, competitive prices, swift and dependable delivery, and a trusted and seamless shopping experience. Simultaneously, it endeavors to empower sellers by providing them with access to a world-class e-commerce platform.

Tech-enabled fashion manufacturing platform ZYOD has successfully raised $18 million in a Series A funding round. Leading the investment was RTP Global, with additional contributions from existing investors Lightspeed and Alteria Capital, alongside new investors Stride Ventures, Stride One, and Trifecta Capital.

The company plans to expand its operations across more than 40 countries through technological advancements and talent acquisition, aiming to continue its disruption of India’s apparel manufacturing ecosystem.

Founded in April 2023 by Ankit Jaipuria and Ritesh Khandelwal, ZYOD previously raised $3.5 million in a seed round led by Lightspeed. In India, the company collaborates with prominent names such as Reliance, Aditya Birla, Rare Rabbit, and FirstCry.

Ankit Jaipuria, Founder, Zyod said, “The fresh round of funding underscores the strong support and confidence in ZYOD’s vision to revolutionize the global fashion manufacturing industry. With this funding we will continue to collaborate closely with local hand-picked manufacturers, leveraging our deep expertise in manufacturing to unlock a new phase of growth. Our focus will remain on tech advancements, bringing in more talent, and continuing to transform India’s apparel manufacturing ecosystem. The trust that our investors have placed in us is a testament to our objective of becoming the leading one-stop solution for apparel manufacturing in India and the world.”

ZYOD is focused on modularizing fashion styles, using data to boost efficiency, and employing smart ERP solutions to optimize and scale up its supply chain.

Nishit Garg, Partner on RTP Global’s Asia investment team shared, “At RTP Global, we champion visionary founders at the forefront of technological innovation who are redefining industries. ZYOD leverages tech to refine every facet of the production process, right from a modular design approach to optimizing operations at the factory level. We are excited to support ZYOD as they expand their transformative platform internationally, showcasing the potential of Indian entrepreneurship on the global stage.”

ASICS SportStyle has announced the launch of the GEL-QUANTUM 360 VIII sneakers, designed to provide advanced comfort for active lifestyles and urban exploration. The inspiration behind this design comes from supernatural forms and interlocking structures, aiming to blend functionality with a modern aesthetic.

The upper construction of the shoe features intricate 5D print details that mimic ergonomic shapes found in nature, adding a greater amount of depth and a more layered look to the design. This natural inspiration is meant to provide not only visual appeal but also enhance the ergonomic fit and comfort for the wearer.

The sneaker's midsole structure incorporates cutting-edge technologies like DIVISION SPACE cushioning, which helps to reduce the overall weight of the shoe while offering superior impact absorption underfoot. This technology ensures that the wearer experiences a lightweight feel without compromising on comfort or performance. Additionally, the midsole features FF BLAST BIO cushioning, which includes at least 20 percent biomass. This eco-friendly approach helps reduce waste and promotes better durability, aligning with ASICS’ commitment to sustainability.

The GEL-QUANTUM 360 VIII sneakers are designed for those who lead active lifestyles and need a reliable, stylish shoe for various environments. Whether navigating city streets or exploring urban landscapes, this sneaker promises to deliver both performance and style. The GEL-QUANTUM 360 VIII sneaker launches today, Tuesday, June 11th, and is available on ASICS SportStyle online and in select stores for Rs 13,999.

Founded in 1949 by Kihachiro Onitsuka, ASICS has grown into a leading designer and manufacturer of running shoes, athletic footwear, apparel, and accessories. Over the past 70 years, the company has maintained its commitment to quality and innovation, ensuring that athletes and active individuals have access to the best gear for their needs.

ASICS currently operates 104 stores across India, continuing to expand its reach and influence in the athletic and SportStyle markets.

Dusaan, an e-commerce platform specializing in home decor, has announced its forthcoming collaboration with OneStop Retail, a prominent brand in home appliances and kitchenware with over 5 physical stores in Mumbai, Maharashtra. Under this agreement, OneStop Retail's premium products, particularly in kitchenware and dining categories, will be exclusively available on Dusaan's online platform at competitive prices.

The partnership aims to leverage Dusaan's expansive online reach across 28+ states and union territories, extending OneStop Retail's market beyond its existing physical presence in Mumbai. Additionally, this collaboration is anticipated to facilitate Dusaan's offline expansion in Maharashtra, a crucial market for the e-commerce platform.

Simran Kohli, Founder, Dusaan said, "Our goal is to give our customers stylish and trendy designs that create a vibe. We've always enjoyed working with Vidit, and now we're excited to bring OneStop's exclusive products online. This will make them available to more homes across India, not just in Mumbai.”

“These days, people all over the country, even in smaller towns, are more interested in home makeovers than ever before. This new interest could help the home renovation market grow to USD 14.3 billion by 2027, with home decor and kitchenware expected to grow by 2.73 percent each year from 2024 to 2029. Online shopping makes it easier for everyone to access quality products, changing how people shop. For example, more people in smaller cities are moving from local sellers to well-known brands because of online stores. With Dusaan's collaborations with emerging brands like OneStop Retail, we believe we can help more brands grow, support the market to become more organized, and reach more customers," added Kohli.

With over 400 brands, including 50+ international brands, Dusaan continues to explore opportunities for expansion and meaningful collaborations, reinforcing its commitment to providing customers with curated home decor solutions.

Sid's Farm, one of India’s fastest-growing D2C dairy brands, announced the successful closure of a $10 million Series A funding round. The investment was co-led by Omnivore and Narotam Sekhsaria Family Office (NSFO). This funding injection aims to bolster Sid's Farm's manufacturing capabilities to meet the escalating demand for high-quality dairy products and to build a robust team to attract and retain top talent across various functions.

Established in 2016, Sid’s Farm has rapidly emerged as a popular mass premium dairy brand based in Hyderabad, serving a customer base exceeding 25,000 across two cities. The startup oversees the entire value chain of milk and milk products, sourcing directly from farmers and subjecting products to rigorous quality testing to ensure nutrient-dense, additive-free milk.

Reihem Roy, Partner at Omnivore commented, “According to IMARC Group reports, the dairy industry in India reached a size of Rs.16,792 Bn in 2023 and is expected to reach Rs. 49,953 Bn by 2032. Premium dairy brands and products over D2C platforms are expected to lead this growth. We see Sid’s Farm emerging as a key player in this space with its commitment to antibiotic-free, hormone-free, preservative-free milk and milk products.”

Narayanan Venkitraman of NSFO stated, “We have been following the great work being done by Sid’s Farm over the years and found the time opportune to invest in them and work with them to help propel them to the next orbit. We strongly believe that ventures such as Sid’s Farm with honest solutions to genuine concerns will drive consumption habits in the times to come.”

Kishore Indukuri, Founder of Sid's Farm said, "We are thrilled to have this immense support from Omnivore and Narotam Sekhsaria Family Office. Their belief in our vision and commitment to providing consumers with great quality adulterant-free milk and dairy products is a tremendous validation of our efforts. This investment will be instrumental in accelerating our growth trajectory and enabling us to provide fresh, healthy, and responsibly sourced food to a wider audience in Hyderabad and Bengaluru. We strongly believe that there is an opportunity to serve over 1,00,000 families every day in these two markets alone”.

Founder Dr. Kishore Indukuri, an alumnus of IIT Kharagpur with post-graduation and a doctorate in material sciences from the University of Massachusetts, spearheads Sid’s Farm. Prior to founding Sid’s Farm, Dr. Indukuri spent nearly 7 years at Intel Corporation before returning to India to explore opportunities in agriculture. Sid’s Farm initially commenced operations with whole buffalo and cow milk, gradually diversifying into curd, paneer, ghee, butter, dairy beverages, and dairy-based desserts.

boAt, recognized as India's leading and the world’s second-largest audio and wearables brand, has introduced its latest innovation, the boAt Stone Lumos. This Bluetooth wireless speaker boasts a powerful 60-watt output and seven modes of LED projections, promising to elevate audio experiences at any event.

The Stone Lumos features seven rhythmic LED projection patterns, creating an enchanting atmosphere suitable for diverse occasions, from outdoor movie nights to indoor gatherings.

With its 60-watt speakers, the boAt Stone Lumos promises balanced sound quality, ensuring clear highs, rich mids, and deep bass, adaptable to different settings.

Users can easily manage their audio experience through the boAt Hearables app, enabling adjustments to settings, sound profiles, and battery status. Dual EQ Modes cater to individual preferences, enhancing the listening experience.

Offering up to 9 hours of uninterrupted playback, the Stone Lumos is designed for extended usage, perfect for day-long activities.

Featuring TWS technology and IPX4 splash and water resistance, the speaker is suitable for various environments, providing users with a reliable and versatile audio solution.

Equipped with Bluetooth Version 5.3, the Stone Lumos ensures seamless audio transmission and stable connections. Dual-option connectivity through AUX and USB allows compatibility with multiple devices, while the built-in microphone facilitates hands-free calling.

“In an age where instant entertainment is key, the Stone Lumos is designed to transform your gatherings into unforgettable experiences. At boAt, we are committed to providing exceptional audio quality and value, ensuring that everyone can enjoy immersive audio experiences at an affordable price,” said Sameer Mehta, Co-founder and CEO of boAt.

The boAt Stone Lumos is available in Midnight Black for Rs. 6,999. It can be purchased on boAt-lifestyle.com, Flipkart, Amazon, Reliance, Croma, and Vijay Sales stores.

LANEIGE, a functional beauty brand, has unveiled its newly revamped Water Bank Moisturizer trio as part of the '2024 Water Bank Global Campaign. 'Under the theme 'Water Bank Barrier-boosting Hydration for All,' this campaign introduces specialized creams, each featuring key barrier-boosting ingredients designed for various skin types and concerns.

The campaign, featuring five global models, aims to demonstrate that the Water Bank Moisturizers are suitable for all skin types, regardless of ethnicity, gender, or age. This initiative is part of LANEIGE's effort to reinforce its position in the global hydrating cream market.

The newly introduced Water Bank Moisturizers are crafted to provide intensive hydration tailored to different skin needs, enhancing the skin barrier with advanced ingredients. The Water Bank Gel Moisturizer, enriched with betaine and mint leaf extract, soothes the skin barrier while balancing oil and moisture levels. The Water Bank Cream Moisturizer, formulated with Pepta Panthenol Complex, strengthens the skin's moisture barrier, promoting a radiant and resilient complexion. The Water Bank Intensive Moisturizer, featuring Omega Peptide, forms a protective moisture layer to reduce temporary redness caused by external irritants. Customers can choose the product that best suits their specific skin concerns and types.

The price range for the newly launched moisturizer starts from Rs 1450 (20ml) to Rs 3050 (50ml). The products are available to shop on Tira, Nykaa, Myntra, Amazon, and other leading e-commerce platforms.

The LANEIGE Water Bank Blue Hyaluronic Moisturizer, a top seller since its release in 2007, has reached a total of 17 million units sold worldwide. Following its updated launch in March 2022, it has maintained a remarkable sales rate of five units per minute. This moisturizer is highly valued around the world for its fast absorption, ability to repair damaged skin barriers, and non-sticky hydration

Amazon India has announced the extension of its Amazon Fresh grocery service to more than 130 cities, offering customers a wide range of wet and dry groceries, including fruits, vegetables, chilled products, beauty, baby, personal care, and pet items. With a network of over 11,000 farmers supplying fresh produce, Amazon Fresh Sellers ensure quality through a rigorous '4-step quality check' process. Residents in cities such as Ambala, Aurangabad, Hoshiarpur, Dharwad, Una, Suri, and others will now have access to great savings and exciting deals from Amazon Fresh sellers and bank partners as they build their weekly or monthly grocery basket.

Srikant Sree Ram, Director of Amazon Fresh IN said, “Amazon Fresh is transforming grocery shopping in India by delivering fresh produce and daily essentials directly to our customers' doorsteps across 130 cities. Our commitment to providing quality products and a seamless online shopping experience is evident through our expansion and focus on ensuring the best for our customers. Additionally, customers can benefit from cashback, offers, and bank discounts, enhancing the value of every purchase.”

Amazon Fresh simplifies the shopping experience with a dedicated app-in-app for groceries on Amazon.in, offering convenient features like personalized widgets, the option to reorder previous purchases, and reminders to ensure essential items are not overlooked during checkout. The introduction of multiple thematic stores and events, such as the mango store, summer store, and IPL store, provides customers with the best value across a diverse range of high-quality groceries. Furthermore, features like personalized widgets, the ability to reorder items, saved preferences, and more enhance the ease and convenience of shopping on Amazon Fresh. Customers can also take advantage of Super Value days from the 1st to the 7th of each month to build their monthly basket while enjoying value-added benefits.

Toshiba, renowned for its innovation in consumer electronics, has introduced the C350NP Smart TV, marking a new era in home entertainment. This cutting-edge Google TV boasts an ultra-thin bezel design for seamless navigation and a user-friendly experience. Equipped with Dolby Vision and Atmos technology, REGZA Engine ZR, and REGZA Power Audio, the C350NP Smart TV delivers an unparalleled audio-visual experience. Available at an introductory price starting at Rs. 26,999, the series comes in four sizes: 43-inch, 50-inch, 55-inch, and 75-inch, and will be accessible on e-commerce platforms like Amazon and Flipkart from 12th June.

"Our vision behind the launch of the Toshiba C350NP Smart TV series is to seamlessly integrate technology into everyday life and enhance the home entertainment experience, with this product launch we are offering stunning 4K visuals and an immersive experience, significantly impacting the way people enjoy their favorite content," said Pankaj Rana, CEO, Toshiba Televisions.

The C350NP TV boasts the REGZA Engine ZR, driving picture quality to 4K resolution for breathtaking scenes. Its sleek design with an ultra-thin bezel enhances the viewing experience, blending modern aesthetics with premium quality. Advanced display technologies ensure vivid and lifelike colors, providing an immersive visual experience.

Engineered for excellence, the C350NP TV features REGZA Power Audio and AI-powered 4K upscaling for exceptional sound and picture quality. With Google TV, accessing content is intuitive, while features like Sports Mode and Game Mode enhance sports viewing and gaming experiences, respectively.

The C350NP TV series is meticulously fine-tuned in Japan by Toshiba TV’s Picture Professionals for optimal performance and durability. Available in four sizes, customers can enjoy special introductory prices starting from Rs. 26,999, with availability on e-commerce platforms starting 12th June.

The lineup comes in four different sizes to meet various home entertainment preferences: 43-inch, 50-inch, 55-inch, and 75-inch. These variants will hit the shelves on major e-commerce platforms like Amazon and Flipkart from June 12th onwards.

Godrej Appliances, a division of Godrej & Boyce, has recently unveiled the expansion of its Research and Development facility located in Pirangut, Pune. The inauguration of the R&D Centre Annexe was presided over by Jamshyd N. Godrej, the Chairman & Managing Director of Godrej & Boyce. This strategic move aims to significantly increase the brand’s existing capacity for in-house developmental and testing labs, thereby reinforcing the company’s commitment to innovation, quality, and technological advancement.

The newly extended R&D facility encompasses an additional area of 43,000 square feet, effectively doubling the brand's potential manpower strength dedicated to research and development. Equipped with NABL Accredited labs and advanced state-of-the-art infrastructure, this expansion facilitates a more efficient and robust product development process. It aligns with Godrej's long-term strategy to deliver cutting-edge and energy-efficient products to consumers.

Sustainability is a key focus of the expanded facility, with the building designed to harness natural light extensively to reduce electricity consumption significantly. Moreover, the office space layout encourages collaboration, learning, and knowledge sharing, fostering a culture of celebration and transparency.

Kamal Nandi, Business Head and Executive Vice President – Godrej Appliances, part of Godrej & Boyce said, “At Godrej Appliances, we recognize that product development is the backbone of our brand. Therefore, we have made significant investments in R&D to drive innovation, which we believe is crucial for our success. Our commitment to this belief is reflected in the expansion of our R&D facility. This enhanced R&D setup which brings our cumulative R&D investment spends in Pirangut to close to Rs. 100Cr, underscores our dedication to delivering top-notch products that cater to our customers' evolving needs. With this expansion, we are poised to accelerate our product development timelines and introduce more advanced appliances to the market in coming times.”

Godrej Appliances, a division of Godrej & Boyce, stands as a prominent player in the Home Appliances segment in India. Pioneering the field, Godrej & Boyce became the first Indian company to manufacture refrigerators in 1958. Since then, Godrej Appliances has diversified its offerings to encompass various categories, including Washing Machines, Air Conditioners, Microwave Ovens, innovative Thermo-electric cooling solutions, Air Coolers, Deep Freezers, specialized Medical Refrigerators, Dishwashers, and the unique Insulin Cooler. This extensive portfolio reflects the brand's guiding principle of 'Things Made Thoughtfully.

Tata Consumer Products Ltd. (TCPL) is set on becoming a comprehensive FMCG company with plans to enter new product categories and has announced more than doubling its capital expenditure to Rs 785 crore for FY25. This increase is primarily attributed to a significant investment in a new plant in Vietnam, according to company Chairman N Chandrasekaran.

During the company's annual general meeting, Chandrasekaran, who is also the Chairman of Tata Sons, responded to shareholders' inquiries, stating that TCPL would consider further acquisitions to drive growth, contingent on financial viability and growth opportunities.

“Millet is an area the company wants to focus on and introduce more products,” Chandrasekaran added.

When questioned about whether TCPL would focus solely on beverages and foods or evolve into a full-fledged FMCG company, Chandrasekaran confirmed, “The plan is to become a full-fledged FMCG company.” He elaborated, “So what is the next segment? What are the next few segments that we will enter? I can’t answer it now. There are many things on the table.”

On the topic of acquisitions, Chandrasekaran emphasized the company’s proactive stance in seeking opportunities.

“I can not say about any specific acquisitions, but the company always looks for acquisitions, but we have been more in looking at health-oriented and, and food products, but also other other other products. The Tata group FMCG arm will continue to consider those acquisitions favorably as long as it makes financial sense and there is growth,” said N Chandrasekaran.

Last fiscal year, TCPL invested nearly Rs 7,000 crore in acquiring two firms — Capital Foods and Organic India. This year, the company plans to double its capex. 

Chandrasekaran further added, “Last year’s capex was around Rs 308 crore but it is going to be significantly higher, almost more than double of that Rs 785 crore because of a big investment we are making in Vietnam in a new plant. It’s about Rs 400 crore, so there will be a big investment in capex this year.”

TCPL is also investing heavily in digital advancements, having made substantial progress in recent years. The company will continue to invest in its sales and distribution channels while expanding its digital footprint. Digital will also bring productivity in operations and will give a better experience to employees and customers. The company will deploy many artificial intelligence tools.

In addition, TCPL plans to increase its advertising spending to ensure its products are prominently visible and promoted but will do so in a measured manner. “A large number of new products are constantly being introduced and this product portfolio will continue to expand,” Chandrasekaran noted.

The Indian consumer market is experiencing growth, driven by factors such as a rising population, an expanding middle class, rapid urbanization, increasing disposable incomes, and rising aspirations. In FY24, TCPL reported revenue of Rs 15,206 crore, achieving a growth rate of 10 percent.

Formed in 2020 from the merger of Tata Chemicals’ consumer products business with Tata Global Beverages, TCPL owns well-known brands such as Tata Salt, Tata Tea, Tetley, Eight O’Clock Coffee, Good Earth Tea, and Tata Sampann. The company also operates the Tata Starbucks coffee chain.

Dollar Industries Ltd has unveiled a strategic expansion plan for South India, marking a significant move to strengthen its presence in this key market. The company has announced its intention to open 50 new stores across the southern region over the next three years.

Dollar Industries, which commands a 15 percent stake in the branded hosiery market, is eyeing an annual growth rate of 11-12 percent. This expansion is part of a broader strategy to bolster its market share and drive revenue growth in a region that has shown strong demand for its products.

The company’s ‘Vision South India’ initiative is central to this growth strategy. Under this initiative, Dollar Industries anticipates a 50 percent surge in sales from southern markets compared to the current year. 

“The southern markets have welcomed our products… With Mahesh Babu (Telegu actor) championing our brand in the south, we are setting a target of 20 percent of our domestic revenue originating from this region from 8 percent at present. In response to robust demand and an increasing proportion of higher-margin products, the company has plans to inaugurate 50 new exclusive brand outlets across the southern market within the next three years,” remarked Vinod Kumar Gupta, MD, Dollar Industries.

The brand's growth in the southern market will be instrumental in reaching its goal of Rs 2,000 crore by the 2025-26 fiscal year. In addition to opening new stores, Dollar Industries has already made “significant investments” to expand its manufacturing capabilities, particularly its spinning unit capacity in Tirupur. This investment is part of a broader effort to meet increasing demand and to support the company’s growing product lines.

Dollar Industries operates multiple manufacturing units located in Kolkata, Ludhiana, Tirupur, and New Delhi. Additionally, the company has invested in renewable energy, operating a 6-MW solar power plant, with plans to expand this capacity pending government approval for an additional 2 MW unit.

For the 2023-24 fiscal year, Dollar Industries reported a significant 71.7 percent year-on-year increase in net profit, reaching Rs 90.20 crore. Furthermore, its EBITDA saw a substantial rise of 61.5 percent, totaling Rs 158.64 crore.

In a significant development for the confectionary sector, bakery start-up Creme Castle has raised a substantial seed funding of Rs 7 crore. The funding round has been led by V3 Ventures, with prominent figures such as venture capitalist Arjun Vaidya and Amit Jain, CEO and co-founder of CarDekho, participating in the investment. Additionally, Indian Silicon Ventures also contributed to the funding, highlighting the growing interest and confidence in Creme Castle's business model and potential.

According to data provided by CRISIL, the bakery industry is poised for robust growth, with expectations of an 11-12 percent increase between 2024 and 2028. By the fiscal year 2028, the market is anticipated to achieve sales figures of Rs 1,850 billion. The statement released by Creme Castle underscores the role of increasing expenditure on celebrations and the impact of social media in driving demand, particularly in Tier II and III cities.

Pranjay Mittal, Chief Executive, Creme Castle said, “Consumers are increasingly embracing celebrations, reflecting growing enthusiasm to mark special occasions, and among the reasons our investors believe Crème Castle will be among the top-three players in this (specialized bakery) space by the year 2026.”

Established in 2013, Creme Castle has steadily expanded its operations, delivering across over 20 pin codes. With ambitious growth plans, the company aims to penetrate 15 new markets by the fiscal year 2025. Notably, over half of Creme Castle's revenues are generated through its proprietary platform, showcasing its strong direct-to-consumer model. The remainder of its revenue comes from partnerships with leading aggregators such as Zomato and Swiggy, further diversifying its distribution channels.

As Creme Castle continues on its growth trajectory, backed by substantial funding and a strategic expansion plan, it is poised to solidify its position as a prominent player in the specialized bakery segment, capturing the evolving preferences of Indian consumers.

Snitch, recognized as India’s leading clothing brand for the fashion-forward modern man, has unveiled its ambitious plans for offline retail expansion across diverse Indian geographies, with a foray into new markets including Pune, Ahmedabad, and Hyderabad in the upcoming month of June. The brand's aggressive expansion strategy involves the inauguration of seven new stores across these regions, aimed at providing an enhanced shopping experience to a broader customer base.

The newly identified store locations encompass prominent areas such as Bel Road and Koramangala in Bengaluru, Mantri Square in Pune, Amanora and Trebeca in Pune, Shymal in Ahmedabad, Sarath City in Hyderabad, and Earth Euphoria in Vadodara. With a total of nine stores already operational, Snitch demonstrates its commitment to reaching fashion-conscious individuals in diverse locations with unparalleled shopping experiences, which is evident in its pace of opening a new store almost every week.

Siddharth Dungarwal, CEO & Founder of Snitch said, "I am very excited about the opportunities that lie ahead as we expand our reach and connect with more customers across diverse Indian geographies. The strategic retail expansion underscores our commitment to deliver a seamless shopping experience and premium fashion offerings to our valued customers nationwide. Our goal is to make Snitch a household name, offering our unique collections and shopping experience to fashion enthusiasts nationwide. To surpass 30 stores by FY24-25, we are even thrilled about tapping into Tier II, III, and IV cities alongside Tier I cities as we feel that fashion consciousness is rising in these regions at a strong rate.”

With the ongoing aggressive offline expansion, Snitch anticipates its offline stores will contribute significantly to the targeted Gross Merchandise Value (GMV) of 600 crore by FY24-25, aiming for a contribution of 30-40 percent. This robust expansion strategy positions Snitch to consolidate its position in the Indian fashion industry, making its trendy collections more accessible to customers across the country. The brand competes boldly with international counterparts like Zara, offering superior quality at competitive prices, and aims to secure a significant share in the men’s fast fashion segment as it continues its journey of growth and innovation.

According to Devyani International Ltd's annual report, the British coffee chain Costa Coffee has experienced a robust 49 percent increase in revenue from operations, amounting to Rs 151.8 crore in India. The company's gross profit also surged by 45 percent to Rs 116.6 crore compared to the previous year.

Devyani International Ltd (DIL), serving as the master franchisee for Costa Coffee under the ownership of global beverage giant Coca-Cola, disclosed that the brand expanded its footprint by adding 67 new stores across India during the fiscal year 2023-24, bringing the total count to 179.

The company stated, "In FY24, revenue from operations reached Rs 151.8 crore, marking a 49% growth compared to Rs 101.8 crore in the preceding year, primarily propelled by store expansion. Gross profit amounted to Rs 116.6 crore, up from Rs 80.4 crore in the previous year."

However, despite the notable growth in revenue and store expansion, the average daily sales per store witnessed a slight decline in FY24, decreasing to Rs 32,710 compared to Rs 35,085 in the previous fiscal year. As the new stores stabilize and reach their maturity level, this performance is expected to improve," the company said.

The rapid expansion of Costa Coffee's network in India, spearheaded by DIL, is fueled by the burgeoning young population in the country.

"Looking ahead, we are focused on adding 60-70 new units annually," it said, adding, "As we continue to pour our efforts into building the brand and seizing business opportunities, we are confident of crafting a stronger tomorrow."

As per DIL, the coffee culture in India is thriving more robustly than ever before. "We are expanding Costa at a rapid pace to serve more consumers, having added 67 net new units in FY24, the highest in any year. With this expansion, we have more than trebled our store count over the last two years, growing from 55 stores to 179," the company shared. 

DIL is extending the presence of Costa Coffee to high-traffic locations, such as airports, to broaden its reach. "With the domestic travel market booming, airports are buzzing with activity, making them prime spots for our premium coffee. Our presence at these locations aligns perfectly with the high demand and premium experience travelers seek," shared a company official. 

Costa Coffee vies with Starbucks in the rapidly expanding Indian market, where Starbucks operates in a 50:50 joint venture with Tata Consumer Products, a Tata group firm, alongside competition from Barista.

Osh, a prominent D2C brand renowned for its plant-powered homecare products, has widened its e-commerce footprint to encompass Mumbai, Delhi, and Hyderabad, in addition to its existing presence in Bengaluru. Known for its dedication to delivering safe and efficient homecare solutions, the brand now provides one-day delivery services to cater to the escalating demand for its 99 percent natural and plant-derived offerings across multiple cities.

This strategic move represents a significant milestone for Osh Homecare Solutions, with expectations of a robust 5X growth in sales over the next six months. Mumbai, in particular, has emerged as a promising market, with post-expansion data indicating that 20 percent of orders originate from the city.

Market research statistics underscore a promising trajectory for natural homecare products in India, with the household cleaners segment valued at Rs 48,000 crore and projected to grow at a CAGR of 19.6 percent over the next five years. Positioned within The Organic World's portfolio of brands, Osh is poised to capitalize on this growth. The Organic World, headquartered in Bengaluru, stands as India’s largest retailer of organic and natural groceries and a leading Responsible Retailer in the country.

Gaurav Manchanda, Founder and Managing Director, The Organic World said, "We are thrilled to bring Osh Homecare Solutions to new cities, fulfilling the growing demand for natural, plant-derived products. Our e-commerce expansion underscores our commitment to providing accessible, sustainable solutions for households across India. This online expansion is a pivotal component of Osh Homecare Solutions' growth strategy. We aim to enhance its online presence by 15 percent through expanded operations across metropolitan cities, and we're poised for significant growth.”

As part of its product diversification efforts, Osh has unveiled the innovative Osh 2-in-1 Bathroom Cleaner, tailored to clean tiles, granite, and steel fixtures, complementing its existing product range, which includes laundry detergent, fabric conditioner, floor cleaner, toilet cleaner, dish wash liquid, and multipurpose kitchen cleaner.

Osh Homecare Solutions prides itself on its formulations, which are crafted with 99 percent natural and plant-derived ingredients and certified toxin-free. The range adheres to vegan, cruelty-free standards and incorporates IFRA-compliant allergen-free fragrances. As a brand, Osh maintains a plastic-negative stance, recycling twice the amount of plastic used. Its products are available across The Organic World’s omnichannel points of purchase, including 17 physical stores, over 50 multi-brand outlets, and online platforms such as Amazon, BigBasket, and Flipkart.

Nouria has launched its latest collection, VARA, drawing inspiration from the vibrant hues of summer and the expansive blue skies. The collection, which includes vibrant oranges, cooling pastel blues, and serene whites, captures the essence of the season, offering vacation-ready ensembles that are both stylish and comfortable.

The VARA collection features a variety of versatile co-ord sets, such as pants, skirts, shirts, and tanks. These pieces are designed to effortlessly transition from city explorations to beach relaxation or sunset dinners, ensuring elegance and comfort in every setting.

Nouria aims to redefine contemporary fashion by celebrating the modern woman who values authenticity and embraces her free spirit. The brand’s commitment to balancing comfort and sophistication is evident in this collection, designed to make wearers feel like the best version of themselves.

“At Nouria, we believe clothing is more than just textile; it's a medium of power and self-expression. Our designs are made for the now and for the future, offering versatile options that can be worn in countless ways. Embrace the essence of summer with Nouria's VARA collection and let your adventures begin,” stated the brand.

Nouria’s dedication to quality and style is reflected in the meticulous craftsmanship of each piece in the VARA collection, embodying the brand’s philosophy of celebrating individuality and the beauty of the present moment.

Palette Brands, formerly known as White.Inc, a forward-thinking consumer goods company specializing in aspirational brands across rapidly growing verticals, has successfully secured close to $2 million in a Pre-Series A funding round. The round was spearheaded by Rockstud Capital, with substantial contributions from existing investors including IPV and Dholakia Ventures, as well as notable angel investors such as Stoffer Anko Norden and Apurva Salapuria.

Citing a report by Goldman Sachs Research, which forecasts a rise in the affluent consumer segment in India from 60 million in 2023 to 100 million by 2027, Palette Brands is strategically positioned to cater to this aspirational demographic seeking premium-quality products. The company's focus lies in the mass premium segment of categories with a significant Total Addressable Market (TAM) and untapped consumer needs. Palette’s brands disrupt the market through product innovation, offering high-performance materials, aesthetic design, superior functionality, and value-for-money pricing.

Current brands under the Palette umbrella include ‘Unbottle’, featuring reusable and sustainable drinkware, and ‘Totem’, specializing in accessories for the burgeoning Apple consumer base in India. The brand is gearing up for the launch of ‘Ember’, a cookware brand inspired by the vibrant Indian lifestyle and modern décor, with a commitment to non-toxic materials.

Abhishek Agarwal, Managing Partner of Rockstud Capital said, "The founding team comes with a diverse background and complementary skillset which is extremely important when you are building a brand in the consumer space in India. Also, there is a huge whitespace and potential for disruption when it comes to cookware category in our country as consumers are seeking new product offerings and refreshing new designs." 

With a leadership team boasting over 30 years of combined experience in product development, technology, operations, ecommerce, supply chain, and marketing, Palette Brands is driven by a shared mission to revolutionize the consumer products landscape in India. Led by Siddharth Gadodia, the team is dedicated to delivering superior products and enhancing lifestyles.

Siddharth Gadodia, Founder of White Inc. shared, “This funding will predominantly focus on the launch of Ember, a cookware brand as this category is ripe for innovation - with consumers looking to upgrade their kitchens while making healthier choices. This is a huge white space - marrying form and functionality. Ember aims to solve this by bringing India's first absolutely non-toxic cookware brand with non-stick properties and stunning looks.”

Ivy Chin, Partner, Inflection Point Ventures, said “In today’s era, aesthetics often takes precedence, with consumers prioritizing the visual and tactile appeal of the products. This growing trend has led to higher-priced items that do not offer superior functionality. Palette Brands distinguishes itself by combining high-quality design, materials, and performance, thus providing excellent value for money. IPV aligns with Palette Brands core values of sustainability, innovative design, productivity, and affordability. We are confident of the brand's potential to grow and are committed to supporting its journey.”

VS Mani and Co., a prominent brand known for its South Indian filter coffee and snacks, has welcomed renowned music composer Anirudh Ravichander as its Co-founder and brand ambassador. Anirudh, who is also the nephew of Thalaivar Rajnikanth, gained national fame over a decade ago with his viral hit song ‘Why This Kolaveri Di’. He is highly sought after in the music industry, having composed numerous chart-topping songs across Tamil, Telugu, and Hindi movies, including recent blockbusters like Shah Rukh Khan's Jawan and Rajnikanth’s Jailer.

Established in 2020, VS Mani and Co. has become widely popular for its Easy Filter Coffee (decoction) and authentic South Indian snacks. It is notably listed as a top seller on Amazon for its Easy Filter Coffee. After three years of online operations, the company has rapidly expanded its presence, entering over 1000 retail stores across Bengaluru and Chennai in the last six months. Looking ahead, the company aims to further expand its reach to key towns in Tamil Nadu. With a remarkable growth rate of 400 percent in the past year, VS Mani and Co. plans to diversify its product range to become a household name in the South. The collaboration with Anirudh is expected to bolster the brand's presence across regions and drive revenue growth.

“I am a hard-core filter coffee lover. My family and I grew up with it and I still enjoy my cuppaeveryday. But when I tried VS Mani’s Easy Filter Coffee, I was floored! Just like the homemade, mom-made coffee I grew up with, but ready in seconds. This is a game-changer for my generation of filter coffee lovers. I also tried their delicious snacks and that clinched it—I decided that I wanted to be an active force in their story, not just a consumer. And while I’m at it, I want to do my bit to shine the light on our South Indian cuisine and filter coffee for the world to see,” said Anirudh Ravichander. 

VS Mani will utilize Anirudh's extensive social media presence and live performances to enhance brand visibility among its consumers. Additionally, the collaboration will be leveraged to forge lasting connections with distributors and reaffirm the company's dedication to its primary markets in Tamil Nadu and Karnataka.

Founder GD Prasad and Co-Founders Rahul Bajaj and Yashas Alur commented, “We are thrilled to be partnering with Anirudh as we set about building a destination brand for South Indian filter coffee and snacks. He is the big, beating heart of the South Indian music industry—who better than him to represent our food and culture in all its glory.”

Supported by prominent celebrity investors such as Anupam Mittal from Shaadi.com, Sobhita Dhulipala, Rana Daggubati, Ranbir Kapoor, Disha Patani, and Huma Qureshi, among others, the brand has secured a total funding of $1.5 million. This includes a $900K pre-Series A round led by Kettleborough VC, with contributions from Lets Venture, Hyderabad Angels, Supermorpheus, and other investors. The company gained significant recognition after its appearance on Shark Tank Season 2 last year.

Fixderma, a  dermatologists' trusted skincare brand expanded its range of sun protection offerings. The brand has introduced two new products under its Shadow range - Fixderma Shadow Sun Burn Gel and Fixderma Shadow Sun Tan Removal Lotion.

Recognizing the importance of after-sun care for maintaining healthy skin, Fixderma's latest offerings are designed to cater to this crucial aspect of skincare. The Fixderma Shadow Sun Tan Removal Lotion is crafted with a rejuvenating formulation that gently fades and reverses suntan. This non-greasy, fast-absorbing lotion corrects uneven tans, leaving the skin smooth, radiant, and free from discoloration. Enriched with natural extracts, it provides intense hydration without leaving behind any sticky residue. Dermatologist-tested and suitable for all skin types, this lotion delivers visible results in just 7 days.

For those dealing with sunburned skin, Fixderma presents the Shadow Sun Burn Gel, a potent solution to relieve irritation, inflammation, and redness caused by sunburn. The fast-absorbing gel formulation promotes healing and provides intense hydration to damaged and dehydrated skin.

“As weather tends to fluctuate, we at Fixderma are here to provide comprehensive skincare solutions to diverse needs of our consumers. We are committed to not only focus on educating consumers on how to protect your skin from the sun, but also to help them in regaining their healthy skin back post damage.” said Ms. Shaily Mehrotra, CEO and Co-founder at Fixderma India Pvt Ltd. 

With the expansion of its Shadow range, Fixderma reaffirms its dedication to providing a holistic protection system that shields the skin from harmful sun rays while addressing the aftereffects effectively. With Fixderma, consumers can trust that their skin is well taken care of.

 Cabasse, a renowned French brand known for its excellence in High-Fidelity acoustics, announces a strategic collaboration with Alphatec, a prominent distributor of professional audio and video equipment in India. This partnership signifies Cabasse's debut in the thriving Indian market, aimed at revolutionizing the luxury audio landscape for discerning consumers.

The French brand introduced its latest offering, THE PEARL MYUKI, for the Indian audience in collaboration with Alphatec. This cutting-edge audio system epitomizes portable luxury, featuring a battery-powered, connected, ultra-compact design that exudes elegance. Incorporating top-of-the-line technologies from high-end Cabasse systems, THE PEARL MYUKI ensures premium sound quality both at home and on the move.

THE PEARL MYUKI redefines portable audio with its impressive capabilities. It delivers remarkable sound levels of 103 dB in mono and 109 dB in stereo, delivering an immersive listening experience. Equipped with a Dôme 45 medium-tweeter and two 12 cm woofers, it offers balanced, detailed sound across a wide frequency range of 30 to 23,000Hz. The system offers versatile connectivity options, including Ethernet, WiFi, Bluetooth, a 3.5 mm jack, USB-C, and SPDIF optics, catering to various devices and supporting multiple formats such as MP3, WAV, and AAC. Advanced features like automatic calibration and High-Resolution Multiroom functionality enhance user convenience. Compact and lightweight, measuring 186 x 174 x 180 mm and weighing 2.1 kg, it is designed for effortless portability. Complete with a custom carrying bag, THE PEARL MYUKI is the ultimate companion for both indoor and outdoor listening experiences.

"We are thrilled to bring Cabasse's premium audio solutions to Indian consumers. With Alphatec's extensive distribution network and market expertise, we aim to offer a seamless and immersive audio experience to our customers in India who seek high-end, opulent audio experiences, ensuring they can enjoy the unparalleled sound quality of THE PEARL MYUKI," shared a Cabasse representative.

Renowned for its dedication to delivering flawless sound reproduction without any modification, Cabasse, a renowned French brand at the forefront of the High-Fidelity acoustics sector, has a presence in 58 countries. Its product lineup encompasses a wide array of offerings, spanning wireless speakers, conventional loudspeakers, home cinema setups, bespoke installation solutions, and lifestyle audio solutions.

Devasis Barkataki, Founder and Managing Director at Alphatec stated, "This partnership is a significant step forward in bringing elevated audio experiences to Indian consumers. We are excited to collaborate with Cabasse and introduce their high-end audio products, including THE PEARL MYUKI, to the Indian market, providing a seamless and enriching listening experience."

The collaboration between Cabasse and Alphatec represents a notable advancement in the Indian audio industry, providing customers with access to state-of-the-art audio innovations and exceptional sound quality. Through the debut of THE PEARL MYUKI, a compact, high-resolution speaker with connectivity features, Cabasse intends to revolutionize how Indian audiences experience music, whether at home or while traveling. Backed by Alphatec's wide-reaching distribution network and knowledge, Cabasse is poised to leave a lasting impression by delivering unmatched audio excellence and artisanal craftsmanship to discerning listeners throughout India. 

Svish On The Go, a personal care solutions brand, forayed into the Male Sexual Wellness with two new products. This groundbreaking move is heralded by the unveiling of a range of products tailored to tackle prevalent male sexual health concerns, with cricket luminary Shikhar Dhawan as the brand's ambassador. The initiative aims to foster awareness, dismantle taboos, and offer pragmatic remedies to India's sexual health landscape.

Addressing Sexual Health Issues in India

Sexual health remains a delicate topic across India, often concealed by societal taboos. Studies indicate that approximately 30 percent of Indian men grapple with sexual health challenges such as Premature Ejaculation (PE) and Erectile Dysfunction (ED). Yet, due to stigma and embarrassment, many suffer in silence, amplifying the gap in treatment and awareness.

Innovative Approach

Svish On The Go is on a mission to shatter these barriers, providing accessible, effective solutions that empower men to reclaim control over their sexual health. The brand's new product line aims to optimize sexual performance and overall well-being, offering respite from the silence that often accompanies these issues.

• Isvish Extend Topical Spray

The Isvish Extend Topical Spray, fortified with Lidocaine, a trusted numbing agent, offers a practical remedy for premature ejaculation. Designed for hassle-free application a few minutes before intercourse, it enhances control over ejaculation while preserving pleasure. The spray promises increased confidence and an enriched sexual experience for both partners.

• IsvishShilajit with 12 Natural Herbs

The IsvishShilajit, a fusion of Shilajit and 12 potent natural herbs, including Ashwagandha and Safed Musli, heralds a new era in sexual wellness. This Ayurvedic formulation, packaged as an effervescent powder, aims to invigorate vitality and vigor. Convenient for daily consumption, it offers sustained benefits for holistic well-being.

JD, CMO of Svish On The Go said, "The importance of sexual health cannot be overstated. It plays a crucial role in a person's overall well-being and quality of life. There is a significant gap in the market for accessible and effective sexual health products in India, and Svish On The Go aims to fill this void. By entering this category and collaborating with Shikhar Dhawan, we hope to break the barriers of embarrassment and create an open dialogue about men's sexual health. Our new products are designed to provide practical, natural solutions that empower men to take control of their sexual health confidently."

Hisense India, a prominent consumer electronics and home appliances company, has named Pankaj Rana as its latest Chief Executive Officer (CEO).

With a professional background spanning over two decades, Rana brings extensive experience in sales, marketing, business development, and general management. Before joining Hisense India, Rana held leadership roles in renowned companies such as LG, Panasonic, BenQ, and Reliance Retail, primarily within the mobile phones and television industry

“I am thrilled to join Hisense, a company known for its rich heritage and unwavering commitment to excellence. I am excited to work closely with the talented team at Hisense India to drive innovation, foster growth, and deliver unparalleled value to our customers,” said Pankaj Rana.

In his role at Hisense India, Rana will undertake the responsibility of broadening the customer base, enhancing the brand's footprint within the consumer electronics and home appliances industry, and fostering overall company growth.

“We are delighted to welcome Pankaj to the Hisense family. His extensive industry knowledge and leadership acumen will be invaluable as we embark on our journey of expansion and growth in India. With Pankaj at the helm, we are poised to achieve new heights of success,” said Steven Li, Managing Director, Hisense India.

Hisense stands as a worldwide technology frontrunner renowned for crafting top-tier televisions. With a presence spanning over 160 countries, the company operates 14 manufacturing facilities situated across South Africa, Slovenia, Serbia, Mexico, and the Czech Republic. Additionally, it boasts 18 Research & Development (R&D) centers worldwide and allocates 5 percent of its revenue annually towards furthering R&D initiatives.

Urbanic, the esteemed UK-based premium fashion brand, is excited to announce the launch of Savana, its latest venture designed exclusively for Generation Z women. Savana by Urbanic aims to revolutionize fashion for today's discerning young women, offering a carefully curated collection that seamlessly blends style, quality, and affordability. With a keen eye on contemporary trends, Savana is set to become the premier destination for those who seek fashion that mirrors their individuality and spirit. Notably, Savana features end-to-end proprietary AI production, ensuring minimal inventory waste and promoting sustainability.

Recognizing the evolving needs of consumers across various age demographics, Urbanic has traditionally focused on the youth market. The brand identified two crucial segments: individuals seeking premium quality products and those with a strong fashion sense but limited budgets. With the launch of Savana, Urbanic remains responsive to changing consumer preferences, reinforcing its commitment to meeting their demands and fostering stronger connections with its audience.

The grand launch event was held at The British High Commissioner's residence in Delhi on June 7, 2024, promising an evening of elegance and sophistication. The highly anticipated event featured the official unveiling by Founding Partner Mr. James Wellwood and was graced by Lindy Cameron, the first female British High Commissioner for India, and Anna Shotbolt, Deputy Trade Commissioner for South Asia, Department for Business & Trade.

The launch was a celebration of style and culture, highlighted by the official unveiling ceremony of Savana by Urbanic. Attendees enjoyed an evening filled with glamour, exclusive previews of the Savana collection, and networking opportunities with industry insiders and fashion enthusiasts. Notable guests included Nancy Tyagi, Ayesha Kanga, Andrea Kevichusa, Arushi Mehra, and Sanjana Batra.

“We are delighted to introduce Savana by Urbanic, a brand that embodies the essence of contemporary fashion while staying true to our commitment to quality and innovation. With Savana, we aim to empower young women to express themselves through their style, offering them a diverse range of fashion-forward choices that resonate with their lifestyle,” said James Wellwood, Founder, Urbanic.

Savana's debut collection features an array of styles designed to cater to every aspect of a young woman's life, from casual daywear to sophisticated evening attire. Each piece is meticulously crafted, ensuring it not only looks good but also feels great to wear. This new venture by Urbanic is poised to make a significant impact in the fashion industry, emphasizing sustainability and ethical production practices as core values.

Steadfast Nutrition, a pioneering force in performance and wellness nutrition, introduces three dynamic new supplements to its lineup. The brand unveils two rapid-release protein supplements, Whey Protein and LIV Raw, alongside a vegetarian Multivitamin mega pack containing an impressive 180 tablets. These additions aim to meet the unmet protein and nutrient requirements of health-conscious individuals, fitness enthusiasts, and dedicated athletes. The products debuted at a prestigious event, the International Health Sports and Fitness Festival (IHFF), Asia's largest gathering dedicated to health and fitness.

Aman Puri, Founder, Steadfast Nutrition commented on the launch, “80 percent of Indians are protein deficient and struggle to meet their daily protein needs. Protein deficiency is a silent health crisis in India. Protein deficiency symptoms include loss of muscle mass, muscle weakness, and persistent fatigue. Whey Protein, which contains 24 g of protein, offers a practical and achievable way to replenish your protein stores. Whether you're seeking to optimise your daily nutrition, support muscle growth or enhance your fitness routine, it is the go-to supplement for you. LIV Raw, containing 27 g of protein, is suitable for athletes and fitness enthusiasts who undergo strenuous training schedules and need more protein -- about twice as much as the average person - roughly 1 gram of protein for every pound of body weight each day. Being a fast-release protein, it provides quick muscle recovery and increases muscle strength.”

Steadfast Nutrition introduces its Whey Protein, delivering 24 g of fast-releasing whey protein concentrate to accelerate muscle protein synthesis and facilitate instant muscle recovery. This chocolate-flavored supplement is swiftly absorbed and digested by the body, free from colors, preservatives, or thickeners commonly found in protein supplements.

Aman Puri further added, “Our Multivitamin is a top-quality 100 percent vegetarian supplement. Its USP lies in its four plant extracts - flaxseed powder (which provides omega-3 fatty acids), Panax ginseng root extract, amla dried fruit extract, and ashwagandha root extract. We’re turning up the wellness dial with our Multivitamin Mega Pack, which has a whopping 180 tablets, providing a convenient and long-lasting supply of vital nutrients your body needs to thrive. Imagine the convenience of not having to purchase your multivitamin every few months. There are just a handful of brands in the market, which offer so many multivitamin tablets in one go.” 

LIV Raw offers 27 g of fast-releasing whey protein isolate to enhance muscle strength and promote immediate muscle recovery. Ideal for those monitoring their macros, this low-carb, low-fat formula supports lean muscle building and faster recovery, devoid of colors, preservatives, or thickeners.

Steadfast Nutrition's Multivitamin is a 100 percent vegetarian supplement, enriched with plant extracts, 13 Vitamins, 9 Minerals, and chromium picolinate. This blend addresses daily nutrient requirements, sustains energy levels, combats fatigue, and reinforces immunity. Vitamins D3 and K2, alongside calcium, enhance bone mineral density and support bone health. Omega-3 fatty acids from flax seeds and vitamin E alleviate inflammation and enhance immunity. Natural extracts like Panax ginseng and amla serve as potent antioxidants, while Ashwagandha aids mental health, reducing stress and anxiety. Chromium picolinate ensures optimal absorption and efficacy.

In an unprecedented move, the brand expands its portfolio with the launch of liquid L-Carnitine in five unique flavors: cranberry, orange, green apple, mojito, and lychee, setting a rare precedent in the nutraceutical industry.

bigbasket, a TATA Enterprise, has unveiled its 2023 Sustainability Report, spotlighting its significant advancements across six key impact areas: electric delivery vehicles, solar power generation, support for organic farmers, waste management, diversity and inclusion, and corporate social responsibility.

The sustainability initiatives of bigbasket have led to the avoidance of 10,429 tonnes of carbon emissions, achieved through the utilization of 6,491 electric delivery vehicles. This reduction is equivalent to the carbon absorption capacity of approximately 4.74 lakh fully-grown trees. Originating in 2016 with a trial run of 10 electric vans in Noida, the company's EV fleet now constitutes 27 percent of its delivery operations, comprising 5,731 electric bikes and 760 electric autos and vans.

Solar power generation has also made a significant contribution, with bigbasket generating 5,268 MWh of solar energy in 2023. This achievement stems from the installation of solar panels on the roofs of 28 warehouses across 13 cities, resulting in a reduction of greenhouse gas emissions by 4,214 tonnes.

Furthermore, bigbasket has showcased its dedication to sustainable agriculture by extending support to over 10,000 organic farmers. This support includes field geotagging, agricultural intelligence, and knowledge sessions on modern farming techniques and government schemes. The objective of this initiative is to promote sustainable farming practices aimed at preserving soil fertility and providing healthier food options.

Hari Menon, CEO and Co-Founder, bigbasket, said, “At bigbasket, we are not just reducing carbon emissions or generating solar power; we are redefining what it means to be environmentally responsible in the modern age. Our commitment goes beyond numbers; it is about catalyzing change, nurturing inclusivity, and leaving a legacy of conscious consumption. With every customer, we are not just delivering groceries but a future we can all be proud of."

bigbasket reached a significant milestone in waste management by recycling over 100 tonnes of waste each month. The company utilizes specially crafted metal crates to reduce reliance on corrugated cardboard, while any damaged fruits and vegetables are repurposed as compost or animal feed. Furthermore, bigbasket has shifted to fully digital invoices for bbnow orders and prints invoices on recycled paper for bb supersaver, resulting in the conservation of 220 tonnes of virgin paper annually. Additionally, delicate produce is packaged in cornstarch material, which decomposes more rapidly than traditional plastics.

DoubleTree by Hilton Pune - Chinchwad is delighted to announce the appointment of Anand S Kumar as the new Front Office Manager. Bringing over 15 years of extensive experience in the hospitality industry, Anand is well-equipped to lead and enhance the front office operations.

Anand's career is distinguished by notable achievements and contributions to several prestigious hotel brands across India. Before joining DoubleTree by Hilton Pune - Chinchwad, he was the Front Office Manager at Clarion Hotel in Chennai, where he excelled in revenue enhancement, compliance with brand standards, and managing customer experiences. His successful tenure at Clarion Hotel underscored his capacity for operational excellence and guest satisfaction, making him a respected professional in the hospitality sector.

Anand's dedication to the hospitality industry and commitment to service excellence are evident throughout his career. He has held significant positions such as Front Office Manager at The Tamara Leisure Experience in Coorg and Wyndham Hotels & Resorts in Trivandrum. Additionally, he has served in leadership roles at InterContinental Hotels Group (IHG®) in Cochin, Hilton in Bangalore, Accor in Hyderabad, and Taj Hotels in Trivandrum. In these roles, he developed his skills in supervisory management, occupancy optimization, and customer retention strategies.

Throughout his career, Anand has been key in implementing effective training programs, boosting employee engagement, and improving guest experiences. His expertise in budgeting, sales, and analytical skills has consistently driven revenue growth and operational efficiency across various properties.

Anand S Kumar holds a Bachelor of Science degree in Hotel Management from the Institute of Hotel Management, reflecting his strong academic foundation in the hospitality industry.

“We are thrilled to welcome Anand S Kumar to the DoubleTree by Hilton Pune - Chinchwad family. Anand's extensive experience and proven track record of success make him an invaluable addition to our team. We are confident that his leadership will elevate our front office operations and further enhance the exceptional guest experiences we strive to deliver," said Vinay Nair, General Manager, DoubleTree by Hilton Pune - Chinchwad.

In his free time, he enjoys listening to music and traveling, which enriches his life beyond the boundaries of the hospitality industry.

Lifelong Online, a leading Indian e-commerce brand for consumer goods, has ventured into the flourishing baby care market with the launch of a new baby product category. The company aims to revolutionize modern parenting with innovative and safe products. This new line includes wearable breast pumps, strollers, bottle warmers, collapsible baby bathtubs, anti-slip baby bathers, and baby car seats. These advanced products are designed to enhance convenience and provide peace of mind for today's busy parents, ensuring their children's safety and well-being.

The standout product in this new category is Lifelong's wearable breast pump for nursing mothers. This hands-free, BPA-free, the rechargeable pump features a groundbreaking design with three modes and ten levels, along with a one-year warranty. It empowers both working and stay-at-home mothers to maintain their active lifestyles without compromising their babies' nutrition. Lifelong's wearable breast pump offers a unique opportunity for mothers to foster a deep and beautiful bond with their babies.

Abhishek Agarwal, Category Manager, Lifelong Online Retail Pvt. Ltd said, “Lifelong Online is set to transform the fast-growing baby care market in India with the launch of the all-new baby category, designed to re-imagine the parenting experience with cutting-edge products. The baby care products market in India is experiencing substantial growth, fuelled by factors such as a growing population, higher disposable incomes, and increased awareness about baby care amongst young parents. This offers significant opportunities for businesses in the baby care industry. We understand the importance of innovation and safety in every aspect of parenthood. This reflects our commitment to providing parents with revolutionary products that simplify their lives while prioritizing the safety and well-being of their precious little ones.”

The entire product range is available on Amazon, with prices ranging from Rs. 1500 to Rs. 11000. This collection includes wearable breast pumps, strollers, bottle warmers, collapsible baby bathtubs, anti-slip baby bathers, baby car seats, and potty seats.

The Lifelong Booster Car Seat, designed for children aged 3 to 12 years, is lightweight, features a backless belt-positioning, and comes with machine-washable fabric, meeting safety standard ECER44/04. The Lifelong ISOFIX Car Seat for children from 9 months to 12 years is ECE certified and features an adjustable headrest, a soft cushion for comfort, and a 5-point harness with a magnetic buckle for added safety. Another option, the Lifelong Car Seat for babies aged 0 to 7 years, also ECE certified, offers three recline positions, soft cushions, and a 5-point harness with a magnetic buckle, available in pink and grey.

For potty training, Lifelong offers a potty seat for kids aged 1 to 6 years and a 3-in-1 baby potty training seat with a cushioned toilet seat and a non-slip stepper for added safety. Lifelong's strollers are designed for maximum comfort and safety, featuring shock-absorbing suspension and lightweight, durable frames, ensuring smooth rides and enjoyable outings for parents and babies alike.

Additionally, the collapsible baby bathtubs and anti-slip baby bathers come with innovative features such as temperature sensors, comfortable cushioning, and secure grips, providing a safe and pleasant bathing experience for newborns.

Global Korean beauty leader, The Face Shop, unveils their 'mini collection' in India, introducing compact versions of their most adored products tailored for those on-the-go. Priced affordably starting at Rs. 365, this new lineup caters to all budgets, particularly appealing to individuals keen on sampling products before committing to full-sized versions.

Designed for convenience, these compact essentials seamlessly slide into carry-on luggage, beach totes, or portable vanity bags, catering to the needs of college students, office professionals, and avid travelers alike. Despite their small size, these potent minis deliver comprehensive skincare benefits.

One standout favorite among The Face Shop's mini collection is the Rice and Ceramide Emulsion, endorsed by youth icon Khushi Kapoor, renowned for its moisturizing, brightening, and skin texture-refining properties, suitable for all skin types. The Chia B12 Hydro cream deeply hydrates and locks in moisture, bestowing a natural glow, making it an ideal summer skincare staple.

Additionally, the White Seed Brightening Serum, enriched with White Lupine Seeds, rejuvenates the skin and enhances radiance, while the accompanying brightening lotion imparts a dewy complexion even in dry conditions.

For those targeting anti-aging effects, the Pomegranate & Collagen Volume Lifting Serum and Cream offers a potent solution, revitalizing and firming the skin, combating signs of aging effectively.

Rounding out the mini-range are popular picks like the Rice Water Bright Light Cleansing Oil, adept at removing impurities and heavy makeup with its lightweight, watery texture, and the Herb Day 365 Foaming Cleanser, featuring lemon and grapefruit extracts for a thorough cleanse, making it an excellent choice for a double-cleansing routine to achieve clear, radiant skin.

Sereko, India's pioneering psychodermatology brand, commemorates a significant milestone as it concludes a year of dedication to mitigating the impact of mental stress on the skin. Founded by former lawyer turned entrepreneur, Malvika Jain, Sereko was established with a vision to merge the realms of psychology and dermatology.

Leading the introduction of psychodermatology in India, Sereko endeavors to revolutionize the wellness industry by addressing underlying mental distress and treating the root cause by alleviating stress and anxiety. Preceding its launch, the brand invested two years in research and development to formulate their Patent-Pending Psychodermatology formula NeuroCalm®, under the guidance of Dr. Jafferany – a globally acclaimed Scientist. Clinically proven to reduce stress and enhance Serotonin production, NeuroCalm® addresses the fundamental cause of skin issues, focusing on providing enduring solutions that not only alleviate symptoms but also target the underlying causes through understanding the skin-mind connection.

In celebration of its anniversary, Sereko, in collaboration with Tape A Tale, hosted an enchanting evening event titled 'Love, Laugh, Glow' over the weekend. The event featured a stellar lineup of artists, including comedic performances by Shashi Dhiman and Badal Sharma, alongside storytelling and poetry by Kopal Khanna and Vanika Sangtani. Attendees experienced an unforgettable evening filled with laughter and entertainment, underscoring Sereko's commitment to fostering holistic beauty and wellness. Through its new campaign, Sereko seeks to destigmatize discussions surrounding mental health and depression while showcasing the transformative potential of its products in enhancing mental well-being and addressing skin concerns originating from psychological distress.

Malvika Jain, Founder, Seerko commented on the Ist anniversary, “Our first year has been a remarkable journey of learning and growth. From ushering in the idea of psychodermatology in the country to seeing its impact firsthand on our consumers, our journey has been incredibly fulfilling. As we look ahead, we remain committed to solving recurring skin issues by targeting the root cause through our Mind-First Approach to Skincare. To mark this occasion, we celebrated our birthday with the aim to first construct an open-minded community where there can be engaging dialogues and conversations around mental health & depression.”

Moreover, the brand has been undergoing extensive expansion, introducing new products regularly. The latest addition to its product lineup is the 24H Hydration Sunscreen, featuring an ultralight creme gel formula designed to offer prolonged sun protection while maintaining skin hydration and elasticity. With a range of 10 SKUs, Sereko has an exciting year ahead with numerous product launches and community-building initiatives planned.

Sereko is dedicated to revolutionizing the skincare industry by adopting a holistic skincare approach that prioritizes mental wellness. Recognizing the profound connection between the mind and skin health, the brand aims to promote overall well-being. By intertwining principles from psychology and dermatology, Sereko empowers individuals to develop a positive relationship with their skin, thereby enhancing confidence and inner well-being.

Chennai-headquartered skincare startup CHOSEN has effectively secured $1.2 million in a seed funding round from friends and family investors. This funding round comes subsequent to receiving an equity-free grant of $100,000 from Peak XV Partners under the SPARK program, designed to support women entrepreneurs.

Led by cosmetic dermatologist Dr. Renita Rajan, CHOSEN specializes in creating groundbreaking skincare products through patented technologies and advanced formulations, while also venturing into IoT-driven skincare solutions. As the company enters its fourth year of operation, CHOSEN® aims to deploy the raised capital to expand its team and strengthen its supply chain capabilities.

“This seed round provides us with the flexibility to strategically expand our operations and explore new areas for growth. Our next step is to explore partnerships with B2B sectors such as hospitality, health, travel, and leisure to expand our distribution channels.  Our goal is to secure pre-series funding of $10 to $20 million later this year,” said Dr. Renita Rajan, Founder of CHOSEN.

Earlier this year, CHOSEN® was selected as part of Peak XV's cohort of women-led startups, achieving a significant milestone with the acquisition of a $100,000 grant. Over the course of the past four years, CHOSEN has cultivated a multi-channel ecosystem offering a range of highly effective cosmetic products specifically tailored for Indian skin types. Presently, CHOSEN boasts a portfolio of 34 SKUs, with an additional 12 products in development and plans for further launches within the next 18 months.

With a design patent for its LED mask and four other patents currently in progress, CHOSEN recently introduced SAFESCREEN® TINTENSE™ Tinted Sunscreen Lotion. This remarkable tinted sunscreen incorporates India’s first-ever blend of non-nano zinc, non-nano titanium, and non-nano iron oxide. Designed for Indian conditions, pregnancy, nursing, and reef safety, this sunscreen provides comprehensive protection against HEVL, UV, and IR rays while delivering flawless coverage. It contains up to 93.04 percent natural, biodegradable ingredients. Additionally, CHOSEN® is actively pursuing various innovative projects, including a melanin lab and IoT-driven personalized skincare technology.

“At CHOSEN®, we are committed to creating long-term, safe, and effective wellness solutions. Our products are designed to provide lasting benefits, reflecting our dedication to quality and innovation,” Dr. Renita Rajan added.

With a current staff of 130 members and intentions to expand further through recruitment, CHOSEN is positioned for substantial growth, forecasting a doubling in scale for the fiscal year ahead.

Snitch, a prominent men's fashion brand, announced its collaboration with Relove, an innovative platform for sustainable fashion. This strategic partnership underscores Snitch's dedication to sustainability, providing customers with the opportunity to buy authenticated preloved Snitch items at significant discounts and sell their own preloved Snitch products.

The seamless integration of Relove onto Snitch's platform ensures a user-friendly experience. By visiting the Snitch website, customers can effortlessly browse, sell, and purchase preloved items with the assurance of quality verification. This initiative not only offers exceptional value but also actively contributes to waste reduction, aligning with broader environmental conservation goals. Over the past two years, Snitch has saved 3 million liters of water and kept its products in circulation, preventing them from ending up in landfills.

Given the fashion industry's substantial carbon footprint, accounting for 10 percent of global emissions, there's an urgent need for action. Through the resale of each garment, Snitch helps save six times its weight in CO2, significantly reducing the fashion industry's environmental impact. Furthermore, this initiative empowers customers to retain cherished pieces while finding new homes for those they no longer wear, promoting sustainable fashion and fostering a mindful approach to consumption.

Mr Siddharth Dungarwal, Founder and CEO of Snitch, expressed, "The Integration of Relove epitomizes our steadfast commitment to sustainable fashion. We believe in offering our customers stylish, high-quality clothing and the opportunity to make eco-conscious choices. By integrating Relove, we empower our customers to contribute to a more sustainable future. This initiative allows them to enjoy their favourite Snitch styles while supporting environmental conservation."

This initiative seeks to build a community of conscious consumers who prioritize quality, style, and sustainability. Snitch invites all its customers to join this journey towards a more eco-friendly and responsible fashion industry.

Heads Up for Tails, a prominent advocate for pet well-being in India, proudly announces its enhanced accessibility for furry friends through quick commerce services, nationwide. With a steadfast commitment to excellence, the brand is pioneering a new benchmark for quality and convenience in the pet care sector.

In a market where pet owners often confront a trade-off between quality and affordability, Heads Up for Tails is leading the way by providing premium products at reasonable prices. Prioritizing vet-approved nutrition and holistic well-being, each item is meticulously crafted to cater to the diverse requirements of pets and their owners.

“Our mission at Heads Up for Tails has always been to nurture the bond between pets and their human companions. We are thrilled to introduce a new era of pet care that emphasizes quality and accessibility, ensuring that every pet receives the care they deserve. By choosing quick commerce platforms, we reaffirm our commitment to affordability while adding an extra layer of convenience. When you think of pets, you think of HUFT, and now, we will deliver products within ten minutes,” said Rashi Narang, Founder and CEO, Heads Up for Tails.

In a bid to further streamline convenience for pet owners, Heads Up for Tails has expanded its presence on major quick commerce platforms. Presently, the brand is accessible via Blinkit, with forthcoming launches on Zepto and Swiggy Instamart slated for July. This strategic move underscores the company's endeavor to make high-quality pet care more accessible, offering the added convenience of rapid deliveries within ten minutes.

Early indicators reveal a substantial uptake of HUFT's fresh food brand, Sara's Wholesome, within the quick commerce realm. Notably, in Bangalore alone, over 2,000 units were sold in the month of May, signaling a burgeoning demand for pioneering pet care products that are readily available.

Heads Up for Tails presents a comprehensive array of products through quick commerce platforms, encompassing treats, grooming essentials, tick and flea solutions, food varieties, and toys. Moreover, an exclusive assortment of toys starting at Rs 130 is exclusively accessible through quick commerce channels. The brand's objective for quick commerce services is to extend coverage to all cities with existing quick commerce delivery services in India.

From nutritious food alternatives to an assortment of health-conscious treats, Heads Up for Tails remains steadfast in its dedication to promoting the holistic health and joy of pets, nationwide. Each product is meticulously curated to enrich the lives of pets and their families.

As Heads Up for Tails embarks on this transformative journey, pet enthusiasts are cordially invited to partake in commemorating a new era of quality pet care.

Borosil, a prominent consumer product company in India, has announced the remarkable achievement of Larah Opalware by Borosil, securing the top spot as India's leading brand in the opalware category, according to the latest sales report of 2024.

Experiencing a notable surge of 37 percent in sales, Larah Opalware has outpaced its competitors, significantly contributing to Borosil's total revenue, which now stands at an impressive INR 942.3 crores.

ShreevarKheruka, the Managing Director of Borosil Ltd., expressed heartfelt appreciation for the brand's success and commented, "We extend heartfelt gratitude to our customers for making Larah by Borosil the number one opalware brand in the country. We are committed to providing our audiences with the highest quality products, contemporary designs, and exceptional service."

The brand's recent transformation in identity and positioning has been pivotal in this achievement. Focused on empowering modern Indian women who excel at multitasking and aspire for excellence in all facets of life, this strategic shift has strongly resonated with its target audience, further solidifying its position as a market leader.

Looking ahead, Borosil aims to continue its momentum by enhancing its product offerings and expanding its market reach. With a focus on setting new industry standards, the brand is poised to further elevate its standing and meet the evolving needs of its discerning customers.

The Good Glamm Group, the largest D2C beauty & personal care conglomerate in South Asia, announced the appointment of Lauren Bloomer as President - International. Lauren will also join the Board of Directors of Wyn Beauty by Serena Williams as the representative for the Good Glamm Group.

With 23 years of extensive experience in the beauty and consumer goods industries, Lauren brings a wealth of expertise to her new role, where she will lead the Good Glamm Group's international growth and expansion.

A veteran of the Estee Lauder Companies, Lauren most recently served as CEO of Becca Cosmetics. Prior to that, she held significant global marketing roles at Clinique and Estee Lauder. Her career also includes brand management and strategy positions at The Clorox Company and the Boston Consulting Group, where she developed her skills in brand building, omnichannel development, and go-to-market activation. Lauren holds an MBA from the Wharton Business School and a bachelor's degree in Economics from Dartmouth College.

“I'm thrilled to join the Good Glamm Group. With a shared passion for innovation and excellence, I look forward to working with this talented team to advance our vision and establish the Good Glamm as a leading global beauty company”, said Lauren Bloomer, President - International, Good Glamm Group.

Darpan Sanghvi, Group Founder, Good Glamm Group shared, “After a successful launch of our International business, we are now delighted to welcome Lauren to the Good Glamm Group to drive our next phase of gGrowth. Her extensive experience and proven track record in the beauty industry make her the perfect fit to lead our gGlobal expansion. Lauren’s strategic insight and dynamic leadership will be invaluable as we continue to expand and innovate in the beauty space.”

With more than twenty years in the consumer products sector, Lauren possesses extensive experience in strategy and planning, P&L management, omni-channel marketing, and insights and analytics. Renowned for her results-driven approach, meticulous execution, and financial acumen, she has consistently achieved remarkable outcomes throughout her career.

Lauren's appointment signifies a noteworthy milestone for the international expansion of the Good Glamm Group. As the Group endeavors to expand and reinforce its vision of establishing a global beauty enterprise, Lauren's expertise is poised to play a pivotal role.

Elista, a prominent brand in India known for its electronics, home appliances, IT, and mobile accessories under TeknoDome, has appointed two seasoned professionals to its leadership team - Harender Kumar Prajapati and Rupesh Kumar bring extensive experience and expertise to their new roles.

Harender Kumar Prajapati, an industry veteran with over 29 years of experience in electronics, PCBA, and consumer industries, assumes the position of Plant Head. With a background in engineering and operations management, Prajapati has held various leadership positions across prominent organizations, overseeing production processes, optimizing resource utilization, and spearheading startup ventures. His proficiency in planning operational strategies and implementing quality management systems will be invaluable as Elista expands its manufacturing capabilities in India and abroad.

In his role at Elista, Harender Kumar Prajapati will play a pivotal role in driving the company's local manufacturing operations to deliver cutting-edge consumer electronics and home appliances at competitive prices.

Rupesh Kumar, a strategic leader with nearly 20 years of diverse multicultural experience, joins Elista as the Chief Financial Officer (CFO). He has a proven track record of managing entire financial operations, taxation, and audit functions across various industries, including manufacturing, digital solutions, and electronics. His extensive experience in liaising with financial institutions, government bodies, and auditors for fundraising, assessment, and audit purposes will be crucial in advancing Elista's financial strategy.

Saket Gaurav, Chairman & MD, Elista commented, "We are pleased to welcome Rupesh Kumar and Harender Kumar Prajapati to the Elista family. Their extensive experience and proven leadership skills will fortify our team, reinforcing our commitment to excellence. With our plans to open new manufacturing plants, their insights and expertise will be instrumental in our mission to innovate and expand, reinforcing our commitment to excellence.”

Through these strategic appointments, Elista reaffirms its dedication to delivering top-tier products and advancing operational excellence within the Indian market. Positioned as a significant influencer in India's consumer electronics sector, Elista is committed to technological innovation and bolstering local production capacity.

The establishment of two state-of-the-art manufacturing plants in Kadapa, Andhra Pradesh, signifies a significant investment aimed at achieving substantial output. These facilities are geared towards achieving an annual production of 1,000,000 TVs and 1,000,000 LED monitors. By enhancing local manufacturing capabilities, Elista aims to introduce innovative yet affordable products tailored for both domestic and international markets.

With a global presence spanning 17 countries across key regions like the Middle East, CIS, and Africa, Elista is poised for rapid expansion. Leveraging its existing international reach, the brand is on course to expand its presence to 50 countries by 2025, with a projected global revenue target of Rs 500 crore by the same year.

Garuda Aerospace Private Limited, a leader in India's drone industry, inaugurated the nation’s first exclusive drone showroom in Chennai, Tamil Nadu, with Dr. R Velraj (Vice Chancellor, Anna University) and Agnishwar Jayaprakash (CEO of Garuda Aerospace) in attendance.

Garuda Aerospace is at the forefront of advancements in Precision Agri Tech and Industry 4.0, establishing new standards in the drone sector. Since its inception in 2015 with a team of five visionaries, the company has expanded to over 200 skilled professionals. With a vast fleet of more than 400 drones and 500 pilots operating across 84 cities, Garuda Aerospace dominates India's drone market.

Our extensive portfolio boasts 30 advanced drone models and over 50 specialized services tailored to diverse industry needs, from agriculture and infrastructure to security and disaster management. Our relentless pursuit of innovation and excellence drives our growth and impacts India's technological landscape. Proudly, cricket legend MS Dhoni serves as our brand ambassador and investor, symbolizing our commitment to revolutionizing the drone industry. 

Agnishwar Jayaprakash, CEO of Garuda Aerospace, said, “We pride ourselves on the impactful intelligence our drone solutions have to offer. We have 750+ satisfied clients all around India with 350 finished projects and 50 designed works. Our team includes 200+ employees, with a group of advisory board members, expertise heads for various departments, and well-versed pilots. Garuda Aerospace has sold 2,500 drones so far, out of which 2,000 are agri drones. We plan to sell 25,000 agri drones in the next two years and at least 25,000 other consumer drones in the next few years. Now we are happy to announce India's First Exclusive Drone Showroom in Chennai.”

Recently, ISRO acquired one of our Made in India Kisan Drones. Renowned for its advanced drone technology, Garuda Aerospace's Quadcopter drones feature machine learning and artificial intelligence integration. These drones are anticipated to greatly improve efficiency in various ISRO operations.

GT Force, a trailblazer in the electric two-wheeler manufacturing sector, has unveiled an ambitious blueprint for enhancing its retail footprint across India. By the close of 2024, GT Force aims to roll out a network of 100 dealership showrooms nationwide, each meticulously outfitted according to the 3S model, encompassing sales, service, and spare parts support. Through this strategic setup, the company pledges not only to cater to its own clientele but also to extend assistance to consumers of other brands encountering post-purchase service challenges. This underscores GT's broader commitment to fostering environmental sustainability within the electric vehicle (EV) two-wheeler domain.

Presently, GT Force boasts a robust presence with 35 outlets spanning several states, including Madhya Pradesh, Uttar Pradesh, Rajasthan, Punjab, Haryana, Chhattisgarh, and Delhi-NCR. This existing network serves as a robust foundation for the company's imminent expansion into various territories. In Eastern India, the focus states comprise West Bengal, Odisha, Jharkhand, and Bihar. Meanwhile, the Northeastern region is slated to witness the emergence of new showrooms in Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, and Tripura. Additionally, in Western India, the expansion initiative encompasses key urban centers in Maharashtra, such as Nagpur, Mumbai, Pune, and Nashik.

Rajesh Saitya, Co-Founder & COO, GT Force, commented, “We have meticulously chosen our target geographies after thoroughly understanding these markets and identifying great potential for EV two-wheeler sales. Our new lineup is well-suited to meet the needs of diverse consumers in these regions, which we believe will enhance our brand's reputation and drive adoption. We are confident that we will develop a holistic network of dealers in the coming months who will play a pivotal role in our growth journey, ensuring broad accessibility and customer satisfaction.”

GT Force actively seeks to establish enduring dealer partnerships, adhering to stringent selection criteria. Prospective dealers must uphold elevated standards, including the maintenance of well-branded automobile showrooms and fully equipped service centers staffed by proficient technicians. To bolster their branding endeavors, GT Force pledges marketing assistance to dealership establishments. Additionally, dealers can anticipate attractive margins on both vehicle and spare parts sales, incentivizing their allegiance to the brand.

In line with its strategic rebranding endeavor, GT Force recently introduced its latest range of electric two-wheelers, catering to diverse speed preferences. The GT Vegas, priced at Rs 55,555 (ex-showroom), flaunts a 1.5 kWh battery pack, providing a range of up to 70 km. Following suit, the GT Ryd Plus, priced at Rs 65,555 (ex-showroom), features a 2.2 kWh battery pack, offering a range of 95 km. Progressing up the range, the GT One Plus Pro, priced at Rs 76,555, showcases a 2.5 kWh battery, extending the range to 110 km. Noteworthy is the brand’s flagship model, GT Drive Pro, priced at Rs 84,555, which shares similar features and specifications with the One Plus Pro. Additionally, GT Force is gearing up to unveil a new electric motorcycle in the Indian market. Teased with a glimpse of its headlamp, this forthcoming model targets urban riders, promising an impressive range of 130 km on a single charge and a top speed of 70 km/h.

In a world where making health-conscious decisions is crucial, SUPR Water shines as a symbol of innovation and well-being. Founded in 2023 by visionary young entrepreneurs Shivam Chawla and Chaitanya Tulsyan, SUPR Water blends clean protein with hydration, delivering 24g of protein and 7g of BCAA per serving. The brand is driven by a mission both simple and profound: to redefine hydration and transform how individuals nourish their bodies. Committed to offering convenient, nutritious solutions, SUPR Water enables individuals to effortlessly embrace healthier lifestyles, one sip at a time. Renowned as the cleanest and purest protein source on the market, SUPR Water is crafted with premium ingredients sourced from the USA.

Designed for individuals, fitness enthusiasts, athletes, and vegetarians, SUPR Water provides a guilt-free indulgence for every occasion, starting at just Rs 199. Available in a range of flavors, including Lemonade, Mango Orange, Grape Frost, and Berry Blast, SUPR Water serves as the perfect companion for social gatherings, workouts, or a refreshing break during a busy day. Each bottle is meticulously formulated to enhance hydration while addressing India's protein deficiency, all while being free from sugar, fat, lactose, and gluten.

Shivam Chawla, Founder, SUPR Water, stated, “At SuprWater, we're not just selling a drink; we're crafting a lifeline of wellness, pouring hope and vitality into every sip, transforming lives one drop at a time.”

His individual path as a fitness devotee, consistently seeking out healthy protein alternatives, combined with his vegetarian lifestyle, highlights his dedication to offering inclusive and nourishing solutions to everyone.

Chaitanya Tulsyan, Co-Founder of SUPR Water shared, “Our company, Goodpro Corporation, stands as a testament to our vision of delivering quality products that not only satisfy consumer needs but also contribute positively to their well-being.”

Chaitanya Tulsyan expresses his anticipation for the journey ahead, highlighting SUPR Water's pioneering role in reshaping standards within the FMCG industry.

Looking forward, SUPR Water sees itself as just the initial step in a broader quest towards comprehensive wellness. With a vision to transform the way people approach health and wellness, the brand envisions expanding its range beyond its flagship SUPR water. Excited about introducing a variety of innovative products tailored to diverse dietary needs and preferences, upcoming additions to the lineup include SUPR Probiotic shots, meticulously crafted to support gut health and immunity, and SUPR Makhana, offering a delectable and nutritious snacking alternative. Additionally, SUPR is developing protein bars designed to provide on-the-go energy and aid muscle recovery. With these new offerings, it aims to establish itself as a trusted ally in every aspect of customers' wellness journeys, spanning from hydration to snacking and beyond.

KingsCraft Online Brands Private Limited is set to transform the Indian fashion landscape with the introduction of Underrated Club, a premier streetwear fashion brand. Co-founded by Abhishek Teri and Kartik Anand, Underrated Club aims to make a significant impact in the e-commerce and retail sectors by offering streetwear that emphasizes individuality, uniqueness, and authenticity for Indian consumers.

Positioned as an affordable luxury brand, Underrated Club combines bold creativity with premium quality in its diverse collections. The brand's mission is to redefine self-expression through fashion, catering to those who seek uniqueness, comfort, and uncompromising style with their graphic tees and versatile denim.

Abhishek Teri, Co-founder, Underrated Club, said, "At URC we are redefining luxury streetwear by merging timeless elegance with modern urban flair. Our creations are a celebration of individuality, crafted with precision and a deep commitment to quality. We believe that true luxury lies in the details, and each piece we design is a testament to this philosophy. Join us on a journey where sophistication meets street style, and where every garment is a statement of refined taste and bold expression."

Underrated Club's flagship collection, Underrated Originals, showcases the brand's boldness and creativity with seasonal designs, striking graphics, and innovative silhouettes. This collection is designed for trendsetters and fashion-forward individuals who dare to stand out. Another key offering, Underrated Classics, provides timeless wardrobe staples that emphasize versatility and durability, crafted to withstand the test of time and provide enduring style for every occasion.

Currently operating through its online platform, Underrated Club offers a seamless shopping experience via its user-friendly website. The brand plans to expand its presence on leading e-commerce platforms and is exploring opportunities to establish a physical presence through strategic partnerships with retailers, pop-up stores, and flagship stores in key metropolitan cities.

Kartik Anand, Co-founder, Underrated Club, said, "India is home ground for us and we are extremely bullish and confident about the prospects of the developing economy of our country. URC brings a unique take on fast fashion-forward dressing and it will continue to evolve keeping the youth and younger customers in mind.” He adds, “URC is ready to unleash our initial collection and various other ranges in the coming months. We are working on bringing other elements of fashion into our portfolio of products."

Underrated Club is dedicated to catering to the streetwear fashion market in India and beyond, focusing on innovation, collaboration, and conscious consumerism. The brand aims to empower individuals to express themselves boldly, setting the stage for a future where style and individuality intersect.

In a transformative move set to redefine the fitness and nutrition industry in India, Good Fettle Private Limited proudly introduces Pod Nutrition, a groundbreaking vegan protein brand. This innovative line stands out for its superior taste, purity, and nutritional excellence. Meticulously crafted, Pod Nutrition establishes a new benchmark in plant-based supplements, delivering a guilt-free indulgence without sacrificing flavor or quality.

Pod Nutrition marks a significant achievement in Good Fettle's ongoing mission to offer premium, sustainable, and ethically sourced nutritional products. Building on the success of India’s first low-calorie, low-carb, guilt-free ice cream, Good Fettle has now entered the vegan protein market, aiming to make a more substantial impact on health-conscious consumers.

Akhil Gupta, Co-founder, Good Fettle Private Limited, said, "With PodNutrition, we aim to revolutionize the way people perceive vegan protein supplementation. Our products not only deliver exceptional taste but also provide essential nutrients for optimal health and vitality. We want to create a bigger impact in consumers' lives and solve their nutrition needs with PodNutrition, making a meaningful impact on a daily basis."

Research reveals that 73 percent of Indians lack sufficient protein and are unaware of their daily needs. Pod Nutrition provides a timely solution for health-conscious individuals seeking high-quality plant-based nutrition. This new protein blend is free from artificial colors, sweeteners, soy, and dairy. It mixes effortlessly with water, smoothies, or macro-friendly recipes, catering to a variety of dietary preferences and restrictions.

Ayush Gupta, Co-founder at Good Fettle Private Limited, said, "Pod Nutrition is more than just a protein brand; it's a lifestyle choice that empowers individuals to embrace wellness without compromise. We're raising the bar, and the proof is in the protein. Our new, unique plant-based protein blend is expertly crafted and engineered to aid in your body's recovery, empowering you to pursue your most challenging fitness goals. These products represent a new era in the world of protein supplements, much like our iconic Ice Cream. We're dedicated to meeting the needs of Indians through health-focused product offerings that align with today's and tomorrow's food trends."

Pod Nutrition offers seven delicious flavors, including Strawberry Cream, Hazelnut Cream, Vanilla Smoothie, Iced Cappuccino, Sweet Mango, Pineapple Punch, and Chocolate Latte. It comes in two variations: Lean POD with 16g of protein and Strong POD with 26g of protein, catering to a wide range of consumers, from those aiming to maintain a lean physique to those seeking to support an active lifestyle. Pod Nutrition is available for purchase on the company's official website.